FutureOn has launched major upgrades to its FieldTwin platform, introducing advanced visualization, reporting, and AI-powered FieldTwin Intelligence to accelerate offshore subsea project design and operations. SourceContinue Reading

Emerson has launched AspenTech Subsurface Intelligence™ (ASI), a new AI-powered, cloud-native platform designed to transform upstream decision making and collaboration across the oil and gas industry. SourceContinue Reading

A new IEA report warns that accelerating oil and gas field decline rates could remove the equivalent of Brazil and Norway’s combined production each year without continued upstream investment, raising concerns for energy security and market balance. SourceContinue Reading

IMI has successfully delivered what are believed to be the largest production choke valves ever manufactured to a landmark unmanned processing platform in the North Sea.  SourceContinue Reading

Geoteric has signed a landmark agreement with PETRONAS Carigali to deploy AI-driven seismic interpretation software across its global portfolio. The partnership will accelerate hydrocarbon exploration, cut cycle times by up to 90%, and strengthen PETRONAS’ digital transformation strategy. SourceContinue Reading

Weatherford International plc has been awarded a three-year, $147 million contract by Petrobras to deliver Tubular Running Services (TRS) across the company’s offshore drilling operations in Brazil. SourceContinue Reading

TotalEnergies has signed production sharing contracts for four offshore blocks covering 12,700 sq km in the Liberia Basin. The company is planning a 3D seismic survey as it targets new deepwater prospects aligned with its global exploration strategy. SourceContinue Reading

Baker Hughes has secured a multi-year agreement with Petrobras to extend deployment of the Blue Marlin and Blue Orca stimulation vessels, supporting production optimization across Brazil’s offshore pre- and post-salt fields. SourceContinue Reading

ADNOC’s XRG has withdrawn its $19 billion bid for Santos, ending a high-profile push to expand in Australia’s LNG market amid valuation and tax disagreements. SourceContinue Reading

Aker BP is deepening its partnership with Cognite to deploy Cognite Atlas AI™, advancing its AI-first strategy in exploration and production. By harnessing agentic AI, Aker BP aims to boost efficiency, cut costs, and accelerate digital transformation across operations. SourceContinue Reading