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CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters. The agreement outlines both parties’ intent to explore a strategic collaboration to search and rescue (SAR) and crew change solutions in Namibia.  Source
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LUFKIN Industries has launched its LWM 2.0 with NOVAWAVE™ solution to address the unique pressure, friction, and gravitational effects encountered in deviated horizontal wells, allowing operators to maximize production in real-time with validated data. Source
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APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope. Source
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Ecopetrol S.A. has initiated a joint plan to determine the best alternative to ensure the continuity of the projects in the Southern Caribbean following Shell’s decision to withdraw from its offshore assets in said region. Source
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According to a new report from Enverus Intelligence Research, upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy. Source
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Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S. license that allows the world’s largest independent oil trader to do business in the sanctioned nation. Vitol is set to load at least 2.5 million barrels of Venezuelan oil this month, according to documents seen by Bloomberg. Source
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The American Association of Petroleum Geologists (AAPG) is pleased to announce that Thomas Wilker has been appointed as its new executive director. A longstanding member of AAPG, the Society of Exploration Geophysicists (SEG), and the Houston Geological Society (HGS), Wilker brings a wealth of experience, established business acumen, and a passion for the geosciences to...
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Eni has reached financial closure with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster. Source
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The African Energy Chamber (AEC) is calling for a deliberate and accelerated approach to moving Namibia’s recent oil and gas discoveries into production – emphasizing the importance of speed, investor confidence and strategic collaboration. Source
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Crbon Labs Inc. has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project. Source
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