Enverus says markets may be pricing refinery recovery too quickly, with war damage potentially keeping significant Middle Eastern and Russian capacity constrained into late 2027. SourceContinue Reading
The U.S. House has passed the bipartisan TWICE Act, legislation aimed at improving access to TWIC credentials and expanding the available workforce for maritime and offshore energy jobs. SourceContinue Reading
Petrobras has awarded Strohm a contract to supply thermoplastic composite pipe for water injection and gas lift applications in Brazil’s deepwater post-salt province at depths up to 1,500 meters. SourceContinue Reading
Continental Resources has signed an MOU with PDVSA to operate and develop the 126,000-acre Ayacucho 2 block in Venezuela’s Orinoco Belt, estimated to hold 30 billion barrels of oil resource in place. SourceContinue Reading
Square Robot has won a 2026 NIOSH safety award for its SR-3 robotic inspection system, which allows above-ground storage tanks to be inspected onstream without confined-space entry. SourceContinue Reading
Shape Digital is deploying its AI-powered flare intelligence technology across 10 MODEC FPSOs in Brazil following a pilot, targeting unplanned flaring and improved offshore operating efficiency. SourceContinue Reading
BKV has completed its previously announced Barnett shale acquisition, adding more than 65 MMcfe/d of production, 0.35 Tcfe of PDP reserves and approximately 117,000 net acres. SourceContinue Reading
Maritime Developments has completed a deepwater SURF decommissioning campaign in Brazil’s Campos basin, using its portable recovery spread aboard the operator’s existing multipurpose vessel. SourceContinue Reading
Texas Railroad Commissioner Wayne Christian opposed ExxonMobil’s Rose CCS permit, raising concerns over long-term safety, groundwater protection and federal subsidies as the commission approved the project in a 2–1 vote. SourceContinue Reading
Post Oak-backed Ichthys Energy has sold a portion of its Permian basin assets while retaining its core New Mexico position and targeting additional operated and non-operated acquisitions. SourceContinue Reading
