Equinor has outlined plans to increase production to 2.3 MMboed by 2030, supported by higher investment in oil and gas projects, expanded activity on the Norwegian Continental Shelf and 30% growth in international production. SourceContinue Reading
International Petroleum Corp. has achieved first oil at its Blackrod Phase 1 thermal oil sands project in Alberta, with production beginning ahead of schedule and on budget. The project is expected to reach its 30,000-bopd plateau rate by late 2027. SourceContinue Reading
Kent has been awarded a construction management services contract by Cabinda Gulf Oil Company (CABGOC) in Angola, covering field execution support, construction supervision and project coordination across the operator’s offshore and onshore operations. SourceContinue Reading
Emerson has added combustible gas detection capabilities to its Rosemount 928 Wireless Gas Monitor, enabling real-time %LEL monitoring over WirelessHART networks and expanding safety coverage in remote and hard-to-wire oil and gas facilities. SourceContinue Reading
Longitude has launched a new real-time FPSO mooring line monitoring platform that combines predictive analytics and integrity management tools, securing its first deployment with a South American offshore operator. SourceContinue Reading
Oil prices moved lower Monday as traders assessed the U.S.-Iran agreement to reopen the Strait of Hormuz, with uncertainty remaining over how quickly shipping traffic and crude exports can return to normal. SourceContinue Reading
SLB has launched a digital marketplace designed to help energy companies discover, deploy and scale AI agents, domain models and digital applications, expanding its open platform strategy for energy-focused AI and digital workflows. SourceContinue Reading
AXP Energy has secured the right to earn a 25% interest in Syria’s Block 9 PSC, gaining exposure to a previously explored area of the Palmyride basin as exploration activity resumes in the country’s energy sector. SourceContinue Reading
Innovex has agreed to acquire Norway-based TCO Group for $95 million, adding intervention-free well technology and expanding its presence in key offshore markets including Norway and the UAE. SourceContinue Reading
BW Offshore has completed a key commissioning milestone for the BW Opal FPSO at the Barossa LNG project, advancing the vessel toward Practical Completion and long-term operations offshore Australia. SourceContinue Reading
