ADNOC Drilling has secured a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs, the UAE-based company announced Monday. SourceContinue Reading
Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contracts will see an expansion of Fugro’s remote operations capabilities, including the remote piloting of ROVs. SourceContinue Reading
TotalEnergies is in talks with potential buyers for its shale oil assets in Argentina’s Vaca Muerta, as international operators look to exit the region amid improved valuations and shifting investment priorities. SourceContinue Reading
Aliko Dangote plans to list his $20 billion, 650,000 bpd Nigerian refinery by 2026. The IPO could reshape West Africa’s downstream sector as crude runs increase and output reaches aviation fuel, diesel, and gasoline. SourceContinue Reading
Equinor has awarded SLB’s OneSubsea venture an EPC contract to supply two satellite subsea systems for Northern Lights phase two, boosting storage capacity off Norway from 1.5 million to at least 5 million tpy starting 2026. SourceContinue Reading
U.S. shale drilling activity declined for the ninth straight week, marking the longest drop since mid-2020. Analysts say recent oil price gains haven’t been enough to reverse cautious spending by producers. SourceContinue Reading
The Energy Workforce & Technology Council (EWTC) has released a statement praising the Trump Administration’s announcement of a historic offshore lease sale in the Gulf of America, slated to offer nearly 80 million acres for oil and gas development, signaling a clear shift back to American energy dominance. SourceContinue Reading
Colombian businesses are bracing for a deepening shortfall in natural gas supply that threatens to shutter some operations. Supplies of gas are expected to fall at least 10% short of demand next year, and possibly as high as 20%. SourceContinue Reading
TotalEnergies has agreed to purchase Moeve’s 25 % stake in offshore Suriname Block 53, joining operator APA and Petronas. The licence sits next to Block 58’s GranMorgu project and contains the Baja-1 discovery. SourceContinue Reading
The Bureau of Ocean Energy Management has issued a Proposed Notice of Sale for Lease Sale 262, covering about 80 million acres and 15,000 Gulf of America blocks. A 60-day comment period begins June 27, with the auction tentatively set for Dec. 10, 2025. SourceContinue Reading
