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World Oil News
Baker Hughes has secured a multi-year contract with Kuwait Oil Company to develop and deploy AI, digital and production technologies through KOC’s Ahmadi Innovation Valley upstream innovation program. Source
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Petroseismic is conducting a large-scale, high-density land seismic survey for Chilean national energy company ENAP using Sercel seismic acquisition technologies and specialized survey services. Source
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Techouse has completed testing of a compact once-through steam generator designed for offshore oil and gas installations, advancing technology that could enable combined-cycle power systems to reduce fuel consumption and CO₂ emissions by up to 25%. Source
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Emerson has launched PACEdge 3.0, adding AI, machine learning and advanced analytics capabilities to its industrial edge software platform to help oil and gas and other industrial operators deploy and manage IIoT applications. Source
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The Trump administration has extended targeted Jones Act waivers for an additional 90 days, a move API says will provide greater flexibility to transport U.S. energy supplies amid continued global market disruptions. Source
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Energy services employment remained largely steady in July despite a weakening U.S. labor market, reflecting continued hiring discipline and workforce stability across the oilfield services sector. Source
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Delfin LNG has awarded TDI-Brooks an offshore survey contract supporting development of its proposed Louisiana deepwater port, a project expected to become the first U.S. offshore floating LNG export facility. Source
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The UK public consultation for Adura’s Jackdaw gas project has closed, moving the North Sea development into the next stage of regulatory review ahead of a government approval decision. Source
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Siemens Energy has been selected to supply power generation and gas compression systems for two Petrobras FPSOs supporting the Sergipe-Alagoas Deepwater development offshore Brazil. Source
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Kosmos Energy has awarded Subsea Cable Assets its first contract to supply a 1,000-ton umbilical storage carousel for a subsea support project in Mobile, Alabama, with delivery scheduled for late 2026. Source
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