TotalEnergies has sold a $1.25 billion U.S. solar portfolio stake to KKR while acquiring a 49% interest in Continental Resources’ Oklahoma gas assets. The strategy highlights the French major’s balance between recycling capital from renewables and reinforcing its upstream oil and gas position in North America. SourceContinue Reading
bp has reached a final investment decision on the $5 billion Tiber-Guadalupe development, advancing its second new production hub in the U.S. Gulf of America/Gulf of Mexico in less than two years. SourceContinue Reading
In a new Op-Ed, Texas Railroad Commissioner Wayne Christian backs President Trump’s blunt UN remarks, calling the global climate agenda a costly con that threatens U.S. energy security. SourceContinue Reading
Motive Offshore Group has acquired Norway-based Weld Integrity Group, strengthening its Certification & Inspection division and expanding non-destructive testing (NDT) and inspection services in the offshore Norway region. SourceContinue Reading
BW Energy is evaluating a potential acquisition of Azule Energy’s non-operated interests in Angola’s Block 14/14K, part of its strategy to expand offshore oil and gas assets, the company stated, while clarifying that no binding agreement has been reached. SourceContinue Reading
TotalEnergies has entered a new phase of its strategic partnership with Cognite, aimed at scaling industrial artificial intelligence (AI) across all of the company’s operated upstream assets worldwide. SourceContinue Reading
Seatrium has signed an MoU with Cochin Shipyard to strengthen offshore collaboration in India and Asia, targeting MRO projects, technology partnerships and growth in regional energy markets. SourceContinue Reading
Nigeria has approved TotalEnergies’ $510 million sale of its 12.5% stake in OML 118, home to the Bonga deepwater field, to Shell and Nigerian Agip Exploration as part of Total’s global divestment strategy. SourceContinue Reading
TechnipFMC has secured a substantial contract from ExxonMobil Guyana to deliver subsea production systems for the Hammerhead development in the Stabroek Block, marking its seventh greenfield award in the country since 2017. SourceContinue Reading
At the Tomorrow Show in Oslo, Norway, Mun Hon Chow, Flow Assurance Lead at Shell, outlined how real-time dynamic digital twins are redefining field management and unlocking new opportunities for production optimization. SourceContinue Reading
