Zephyr Energy plc announced the results of an updated Competent Person’s Report (CPR) for its Paradox basin assets in Utah, revealing a major upgrade in reserves and resource estimates for the company’s flagship Paradox project. SourceContinue Reading

Forum Energy Technologies (FET) has secured a contract from long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and tether management system to support subsea operations offshore Brazil. SourceContinue Reading

Shell-led LNG Canada is preparing to load its first cargo from Train 2 this month, marking the next phase of Canada’s expanding LNG export capacity. SourceContinue Reading

Baker Hughes is moving ahead with its planned acquisition of Chart Industries after shareholders of Chart approved the deal. Expected to close by mid-2026, the transaction will expand Baker Hughes’ energy and industrial technology portfolio, particularly in LNG, data centers, and clean energy markets. SourceContinue Reading

TotalEnergies has appointed Nicola Mavilla as Senior Vice President of Exploration effective Nov. 1, 2025, succeeding Kevin McLachlan after a decade in the role. SourceContinue Reading

Executives from TotalEnergies, Chevron and bp highlighted at African Energy Week 2025 how improved subsurface imaging and streamlined approvals could spark a new exploration renaissance across key basins such as Namibia, the Congo, and Egypt’s Nile Delta. SourceContinue Reading

Transocean Ltd. has announced new contract fixtures totaling $243 million in firm backlog for two ultra-deepwater drillships. bp exercised a 365-day option for the Deepwater Atlas in the U.S. Gulf, while Petrobras exercised a 30-day option for the Deepwater Mykonos offshore Brazil. SourceContinue Reading

OPEC+ has agreed to raise oil production by 137,000 barrels per day in November, signaling a cautious approach as Saudi Arabia and Russia reached consensus after differing on supply strategy. SourceContinue Reading

QatarEnergy has signed an agreement with Shell to acquire a 27% participating interest in the North Cleopatra offshore block in Egypt’s Herodotus Basin. Pending government approval, Shell will remain operator with 36%, alongside Chevron (27%) and Tharwa Petroleum (10%). SourceContinue Reading

U.S. political momentum and African regulatory reforms are converging to create what leaders at African Energy Week 2025 described as a strategic opening for U.S. investment in Africa’s upstream oil and gas sector. SourceContinue Reading