ARGAS has become the first company to deploy STRYDE’s nodal seismic technology in Egypt, acquiring 30,000 Range+ nodes and the Nimble system for a large 2D survey. The move marks a breakthrough in onshore seismic acquisition. SourceContinue Reading
ExxonMobil CEO Darren Woods blasted the EU’s new Corporate Sustainability Due Diligence Directive, calling it “bone-crushing” for upstream operators. The law, set for full rollout by 2029, would mandate binding net-zero plans across global supply chains and fine violators up to 5% of global revenue. SourceContinue Reading
TAQA UK has awarded offshore contractor Allseas a major contract to decommission the Brae Alpha platform topsides in the Central North Sea, marking another milestone in one of the UK’s largest offshore decommissioning programs. SourceContinue Reading
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