Argent LNG will integrate AI and robotics into the development, construction, and operation of its flagship 25 MMtpa Port Fourchon LNG export terminal in Louisiana, as part of a broad digital strategy to improve operational efficiency and reduce capex. SourceContinue Reading

The American Petroleum Institute (API) has published a new policy roadmap urging U.S. Congress to modernize the nation’s outdated permitting system and ensure access to affordable, reliable energy at a time of rising demand. SourceContinue Reading

California Governor Gavin Newsom is seeking to impose further restrictions on the state’s offshore oil industry, a setback to Sable Offshore Corp. and its controversial project off the coast of Santa Barbara County. SourceContinue Reading

bp has signed an MoU with the Egyptian government for a five-well drilling program to boost natural gas production. The agreement comes as bp plans to increase production to 2.3-2.5 million boed in 2030 with the capacity to increase production out to 2035. SourceContinue Reading

McDermott has won a contract with Monkey Island LNG to provide FEED services for its planned facility in Cameron Parish, Louisiana. McDermott’s modular LNG train design enables delivery of up to 60% more LNG per acre than comparable projects.      SourceContinue Reading

U.S. oil producers have slashed $2 billion in spending and laid off thousands of workers amid falling prices and OPEC+ supply increases, threatening a slowdown in production growth. SourceContinue Reading

bp has signed a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well program at water depth ranging from 300 to 1,500 m in the Mediterranean Sea. The program is designed to accelerate the development and production of national gas reserves. SourceContinue Reading

Diversified Energy Company Plc will acquire Canvas Energy in a $550 million deal that significantly expands the company’s producing assets and acreage positions in Oklahoma. Approximately 23 high-quality producing wells are included in the acquisition.  SourceContinue Reading

The Energy Workforce & Technology Council (EWTC) has published its Well Stimulation Surface Operations Industry Guidelines, providing operators with best practices for hazard identification, risk management, and execution of surface operations during fracture stimulation. SourceContinue Reading

Saudi Arabia will cut prices on all of its crude grades for buyers in Asia for next month as well as on most barrels to other regions after OPEC+ said it will continue to increase output, defying widespread expectations of a looming oversupply.  SourceContinue Reading