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World Oil News
SLB has launched two artificial lift technologies for U.S. land operations, targeting rod-pump wear and gas-lift optimization, with field deployments of its Synthetix system showing production efficiency improvements of 10%–20%. Source
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Aker BP has started production from three subsea fields tied back to the Skarv FPSO in the Norwegian Sea, bringing approximately 120 MMboe of recoverable resources online one year ahead of the original schedule. Source
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Operational drift can create hidden risks across oil and gas operations. Atheer’s Dan Fraser examines how better field visibility and AI can help operators identify deviations before they affect safety, reliability and production. Source
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Kongsberg Maritime will supply integrated systems for a new Solstad Offshore and SBM Offshore deepwater construction vessel, including an anchor-handling package featuring what is expected to be the world’s largest anchor-handling winch. Source
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Equinor is targeting 950,000 boed of production outside Norway by 2030, up from 750,000 boed in Q2 2026, as new projects and exploration support growth across its U.S., Brazil and Angola portfolios. Source
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Sri Lanka has launched its 2026 licensing round, offering four offshore exploration blocks covering nearly 34,000 km² in the Mannar basin, where previous drilling has confirmed a working petroleum system and gas-condensate discoveries. Source
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Spirit Energy has completed a $55 million UK North Sea decommissioning campaign, plugging and abandoning three subsea wells and removing more than 234 tonnes of offshore infrastructure with support from DeepOcean and Well-Safe. Source
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bp has awarded Halliburton an integrated drilling services contract for the first appraisal campaign at its Bumerangue deepwater discovery offshore Brazil, including reservoir evaluation, automation and remote operations. Source
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SLB and OneSubsea have been selected for reservoir, well and subsea engineering work on the Havstjerne carbon storage project in the Norwegian North Sea as the development advances toward FID. Source
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The U.S. has threatened sanctions against countries that continue trading with Iran, putting crude buyers under greater scrutiny as Washington intensifies pressure on Tehran’s global financial and energy ties. Source
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