Ocean Geophysics has teamed up with EdgeTech to deliver advanced software for the new eBOSS system, enhancing detection of buried subsea objects critical to offshore oil and gas operations. SourceContinue Reading
Trinidad and Tobago has officially closed its 2025 Deepwater Competitive Bidding Round, launched in January and featuring 26 offshore blocks. CNOOC International submitted bids for three blocks, while the STIT Energy–GROUNDPORTS consortium bid on one. SourceContinue Reading
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO). SourceContinue Reading
Tracerco has introduced its chemical tracer technology into a U.S. carbon capture and storage project for the first time. Adapted from enhanced oil recovery applications, the tracers provide ultra-sensitive leak detection, track plume migration, and verify CO₂ containment. SourceContinue Reading
Nigeria’s NNPC Ltd. is accelerating upstream oil and gas growth with new production sharing contracts alongside TotalEnergies, crude supply agreements and gas pipeline progress. The company aims to attract $60 billion in upstream investment by 2030. SourceContinue Reading
Chevron, Anadarko, and Westlawn have partnered to explore offshore blocks in Peru’s Trujillo Basin, signing modified license agreements with Perupetro. The consortium plans to analyze 6,018 km² of seismic data, with exploratory drilling targeted after 2026 that could unlock up to 150,000 bpd of oil production. SourceContinue Reading
Colombia’s Ecopetrol is seeking oil and gas deals in Brazil, with a focus on Petrobras’s Bahia Terra onshore cluster and other exploration opportunities in the Potiguar and Reconcavo basins. SourceContinue Reading
The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore. SourceContinue Reading
Oregen Energy has expanded its position in Namibia’s emerging Orange Basin, one of the world’s most closely watched oil frontiers, as international operators ramp up appraisal and development efforts following a string of large discoveries. SourceContinue Reading
ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea. SourceContinue Reading
