Prime Minister Mark Carney pledged to make Canada the world’s “leading energy superpower” through a plan that includes establishing a single office that would decide on major projects within two years. SourceContinue Reading

The equity investment into Kimmeridge’s SoTex HoldCo marks Mubadala Energy’s U.S. market entry and ambitious expansion strategy. Kimmeridge’s highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project. SourceContinue Reading

Perenco has completed the UK’s first CO2 injection test for Carbon Capture and Storage (CCS). The test involved the injection of CO2 into a depleted natural gas reservoir in the North Sea, marking a major milestone for Project Poseidon and decarbonization in the UK. SourceContinue Reading

Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has made a significant update to its Oil Spill Detection (OSD) system. The latest version of the Miros OSD now features cloud-enabled capabilities. SourceContinue Reading

OEG Energy Group has officially unveiled GEOBASE, the offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software. SourceContinue Reading

The Energy Workforce & Technology Council (EWTC) proudly recognized Jerry Jones, Owner, President, and General Manager of the Dallas Cowboys and majority shareholder of Comstock Resources as a recipient of the 2025 Platinum Award, the Council’s highest honor. SourceContinue Reading

SBM Offshore has signed a sale and leaseback financing agreement for FPSO Cidade de Paraty for $400 million (USD) with a tenor of 8 years. Under the agreement, the special purpose company will transfer ownership to four Chinese leasing companies. SourceContinue Reading

OSI Renewables, part of the Oil States portfolio, has launched GeoLok™, a high-temperature geothermal wellhead with an integrated tensioning system. The technology improves geothermal well integrity, reduces operational costs and enhances geothermal energy production. SourceContinue Reading

APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas. SourceContinue Reading

The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be short-lived, according to Canadian energy executives gathered in Toronto. “What we learned from Covid is that energy demand is pretty resilient,” said one executive. SourceContinue Reading