Suriname’s government is negotiating with bondholders to delay debt repayments until offshore oil revenues begin in 2028. With TotalEnergies set to tap 760 million barrels of reserves, the $6.8B economy aims to stabilize finances and attract investment while preparing for its first crude output. SourceContinue Reading

KBC has released Maximus® 7.6, the latest version of its modeling and flow assurance platform for upstream oil and gas operations. The software is designed to close the gap between early-stage production planning and day-to-day asset management. SourceContinue Reading

With Africa requiring up to $240 billion annually to meet its energy and climate goals, attracting investment is more crucial than ever. A consistent theme emerging across the continent is the need for stable and transparent regulatory frameworks to foster investor confidence and drive sustainable development. SourceContinue Reading

Enverus has launched its Global Research platform, expanding oil and gas intelligence worldwide. The first report spotlights Argentina’s Vaca Muerta shale, revealing discounted M&A opportunities compared to U.S. shale assets, alongside production trends and inventory insights. SourceContinue Reading

Aggreko and Katoni Engineering have partnered to deliver a tailored temporary power solution for a North Sea offshore platform turnaround, cutting nearly £900,000 in fuel costs and preventing 4.5 tonnes of CO₂ emissions. SourceContinue Reading

ExxonMobil and Petrobras have raised competition concerns over the planned merger of Saipem and Subsea 7 into Saipem7. The companies warn the $21 billion deal could limit subsea pipeline installation options, drive up costs, and reduce supplier diversity in offshore projects. SourceContinue Reading

Weatherford has secured an eight-year contract with Romgaz, Romania’s largest natural gas producer, to deploy real-time digital wellsite monitoring and AI-enabled production optimization. The deal marks Romgaz’s first use of such technology, enhancing efficiency across thousands of wells. SourceContinue Reading

TechnipFMC has secured a significant subsea production systems contract with Petrobras, valued between $75–$250 million. The award covers new offshore developments, brownfield expansions, and revitalizations in Brazil, with all systems manufactured locally. SourceContinue Reading

Seatrium Limited has agreed to sell its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC for $65 million. The divestment enhances capital efficiency while maintaining Seatrium’s U.S. market presence through technology centers and service hubs. SourceContinue Reading

Wood Mackenzie has entered into a strategic data partnership with Novi Labs to enhance its Lens Lower 48 solution, integrating operator-verified well data and AI-driven lease-to-well algorithms. The partnership will cover 4.4 million wells that account for over 20% of global oil and gas supply. SourceContinue Reading