Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the U.S. SourceContinue Reading
At the 96th Annual Meeting of the Independent Petroleum Association of America (IPAA) in Williamsburg, Va., Don Sparks the co-founder and chairman of the board of Discovery Operating, Inc., was presented with the 2025 Chief Roughneck Award. SourceContinue Reading
Continuing with the success of Phases I and II of its Laconia 3D OBN multi-client seismic program in the U.S. Gulf, Viridien has announced, in collaboration with partner TGS, the start of Laconia Phase III. SourceContinue Reading
SBM Offshore has signed an operations and maintenance contract with TotalEnergies for the FPSO GranMorgu. The contract marks a significant milestone as SBM Offshore becomes the first FPSO operator in Suriname. SourceContinue Reading
Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. Namibia is targeting first oil output in the next five years, SourceContinue Reading
Expro has been commissioned by UK’s Northern Endurance Partnership (NEP) to provide critical services that will be needed to appraise two wells in the Endurance reservoir for future CCS suitability. SourceContinue Reading
As part of the collaboration, Petronas will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions with the objective to unify exploration and development workflows and accelerate time to first oil. SourceContinue Reading
During its June 2025 Commissioners’ Conference, the Railroad Commission of Texas (RRC) assessed over $1.4 million in penalties on oil and gas operators for violations. The RRC is the state agency responsible for regulating the oil and gas industry in Texas, including pipeline safety. SourceContinue Reading
U.S. oil inventories dropped 11.5 million barrels in the week through June 13, the steepest slide since late June 2024, according to data released Wednesday by the U.S. Energy Information Administration (EIA). SourceContinue Reading
The contract includes a firm commitment to drill two exploration wells, targeting drill-ready prospects that offer significant resource potential and are strategically positioned to unlock synergies with Petronas’ existing operations in Suriname. SourceContinue Reading
