EIA’s July STEO raises its global oil production forecast as Strait of Hormuz shipping recovers, while projecting lower Brent crude prices and continued growth in U.S. crude production and LNG exports. SourceContinue Reading

The Bureau of Ocean Energy Management has issued a Request for Information to evaluate the potential use of the U.S. Outer Continental Shelf for offshore space launch, re-entry and recovery infrastructure, opening a 30-day public comment period. SourceContinue Reading

Fluor has been selected for Aramco’s long-term program management consultancy agreement, positioning the company to support future upstream, downstream and infrastructure projects across the energy giant’s global capital portfolio. SourceContinue Reading

Renaissance Africa Energy Company has announced an offshore oil discovery at the JK-004 exploration well in Nigeria’s OML 74, confirming approximately 1,000 ft of hydrocarbon-bearing intervals across seven reservoirs containing light oil. SourceContinue Reading

TotalEnergies CEO Patrick Pouyanné will speak at AOG 2026 as the company advances major offshore oil and gas projects in Angola, including the Kaminho deepwater development and the country’s first non-associated gas project. SourceContinue Reading

Iraq has restored production at three major southern oil fields after tanker exports resumed through the Persian Gulf, reversing temporary output cuts caused by disruptions following tensions around the Strait of Hormuz. SourceContinue Reading

Marubeni Corporation has acquired Barnett shale operator EagleRidge Energy, expanding its North American natural gas portfolio with a producer operating more than 3,500 wells and producing approximately 300 MMcfe/d in North Texas. SourceContinue Reading

Oceaneering has secured a four-year contract from Petrobras to provide remotely operated vehicle (ROV) services offshore Brazil, supporting subsea intervention, installation and abandonment operations beginning in 2027. SourceContinue Reading

Offshore decommissioning technology developer rahd·AI has been selected for the Presight AI Accelerator, opening new commercial opportunities in the Middle East as the company expands its AI platform for well planning and regulatory compliance. SourceContinue Reading

Kosmos Energy reported strong first-half operational performance, with new wells boosting production at Ghana’s Jubilee field toward 90,000 bopd while the Greater Tortue Ahmeyim LNG project continued to deliver strong cargo volumes. SourceContinue Reading