ExxonMobil is reportedly evaluating potential acquisition opportunities in the LNG sector, including Australia’s Woodside Energy, as the company seeks to expand its presence in global gas markets and strengthen access to Asian LNG demand. SourceContinue Reading
More than 38,000 attendees from over 100 countries gathered in Calgary for Global Energy Show Canada 2026, where industry leaders focused on energy security, LNG growth, infrastructure investment and Canada’s role in meeting rising global energy demand. SourceContinue Reading
Canada’s energy industry could require 72,600 new hires by 2035 as more than 54,000 workers reach retirement eligibility, with labor shortages projected to emerge as early as 2027 in drilling, field operations, engineering and skilled trades. SourceContinue Reading
Tenaris has manufactured the largest BlueCoil coiled tubing string in its history, delivering an 88-metric-ton string for CUDD Pressure Control to support extended-reach completion operations in deeper and longer horizontal wells. SourceContinue Reading
Oil prices fell nearly 4% after President Trump abruptly canceled planned strikes against Iran and signaled progress toward a potential agreement, easing immediate concerns over Kharg Island and Persian Gulf oil exports. SourceContinue Reading
President Trump threatened additional strikes against Iran and raised the prospect of targeting Kharg Island, the country’s primary oil export hub, escalating concerns over global crude supplies and the future of energy flows through the Persian Gulf. SourceContinue Reading
Even as flows through the Strait of Hormuz gradually improve, Enverus warns the damage to global oil inventories may already be done. New modeling suggests OECD stocks could fall to a 20-year low, keeping Brent above $100/bbl well into 2027. SourceContinue Reading
Ocean Installer has secured a multi-year contract from Equinor for well tie-in and subsea installation work on the Bacalhau field offshore Brazil, marking the company’s entry into one of the world’s largest subsea markets. SourceContinue Reading
STRYDE has launched its Halo family of seismic nodes, introducing new options for wireless quality control, enhanced timing synchronization and high-density land seismic acquisition across challenging survey environments. SourceContinue Reading
KONGSBERG and the Ocean Exploration Trust have launched a deepwater mapping expedition in the Central Pacific using the new EM 304 MKII multibeam echo sounder, aimed at improving seabed survey efficiency and advancing offshore mapping technology. SourceContinue Reading
