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World Oil News
U.S. Steel has approved a $475 million investment in a new quench and tempering line at its Fairfield Tubular Operations in Alabama. The project will expand heat-treated OCTG production capacity, strengthen domestic supply chains and support growing demand from key U.S. oil and gas basins, including the Permian, Eagle Ford, Haynesville and Appalachia. Source
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EnerMech has completed a pipeline flushing and cleaning project for Subsea7 as part of an offshore field decommissioning program in the U.S. Gulf of America/Mexico. Source
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ADNOC is applying lessons learned from two decades of U.S. shale development to advance its Diyab unconventional gas play from appraisal into early development, company executives said during URTeC 2026. Source
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Santos has commenced continuous production operations at the Pikka Phase 1 development on Alaska’s North Slope, with initial output of approximately 20,000 bpd. The company is targeting plateau production of 80,000 bpd during the third quarter of 2026. Source
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Dana Gas reported stronger-than-expected drilling results in Egypt, identifying an estimated 10 Bcf of gas resources while announcing that the Egyptian government has fully settled overdue receivables. The company plans four additional wells before the end of 2026. Source
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The Republic of Congo is advancing LNG expansion, deepwater oil developments and energy sector reforms as operators including Eni, TotalEnergies and Trident Energy move forward with projects aimed at boosting production and attracting investment. Source
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ABL has expanded its presence in Brazil with the opening of a new office in Salvador, strengthening its asset integrity management services for oil and gas, maritime and industrial projects across Brazil and the Americas. Source
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Baker Hughes has secured a long-term service agreement for Nigeria’s ANOH Gas Processing Plant, providing turbomachinery maintenance, digital monitoring and engineering support for one of the country’s key domestic gas infrastructure projects. Source
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Santos has commenced continuous production operations at the Pikka Phase 1 development on Alaska’s North Slope, with initial output of approximately 20,000 bpd. The company is targeting plateau production of 80,000 bpd during the third quarter of 2026. Source
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Azule Energy has reached final investment decision on the Greater PAJ project offshore Angola, the country’s first integrated cross-block development. The project will develop five fields through a new FPSO with 95,000 bpd production capacity and is targeting first oil in 2029. Source
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