SBM Offshore has received an ABS Statement of Maturity for its seawater intake riser technology, a system designed to improve FPSO cooling efficiency and reduce fuel gas consumption and emissions in offshore operations. SourceContinue Reading

Northern Oil and Gas has entered the Canadian upstream sector through the acquisition of a 25% stake in Duvernay light oil assets in Alberta, expanding its unconventional shale portfolio with long-term drilling inventory and joint development plans. SourceContinue Reading

Horizon Petroleum is preparing to begin operations at its Lachowice gas development in southern Poland, targeting first production and initial cash flow from the project in 2027. SourceContinue Reading

ABL will support Esso Australia’s Bass Strait offshore decommissioning campaign, a project targeting removal of up to 13 aging offshore platforms as part of Australia’s largest offshore abandonment effort. SourceContinue Reading

bp has removed Chair Albert Manifold with immediate effect following governance oversight and conduct concerns raised by the company’s board, naming Ian Tyler as interim chair while a permanent successor search begins. SourceContinue Reading

Eni and its partners have approved the Baleine Phase 3 offshore development in Côte d’Ivoire, a project expected to raise oil production to 150,000 bopd and expand domestic natural gas supply through a new FPSO installation. SourceContinue Reading

Dalhousie University has launched a second industry participation round for Nova Scotia’s subsurface energy research program as the province continues evaluating the potential of onshore natural gas resources. SourceContinue Reading

Ammat Global Resources is increasing production from Congo’s mature Loango and Zatchi offshore fields through workovers, subsea upgrades and brownfield optimization efforts aimed at extending the life of legacy offshore assets. SourceContinue Reading

Oil prices fell sharply as U.S. and Iranian officials signaled progress toward a potential agreement to reopen the Strait of Hormuz, easing concerns over global crude and LNG supply disruptions. SourceContinue Reading

Condor Energies has exceeded 15,000 boed of production at its Uzbekistan gas project following the startup of the K-47 horizontal well, as the company continues expanding drilling activity across its Central Asia operations. SourceContinue Reading