During a June 10 special session at the Unconventional Resources Technology Conference (URTeC) in Houston, panelists discussed the latest advancements in Generative AI and machine learning for unconventionals. SourceContinue Reading

The BlueFloat Energy | Nadara Partnership has become the first offshore wind developer to adopt and deploy WindSafe™, an AI-powered safety and assurance platform, across its portfolio of floating wind projects. SourceContinue Reading

ADNOC is evaluating whether it can buy some of bp Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter. SourceContinue Reading

The Gulf’s rising importance represents a turnaround from the past two decades, when the region took a backseat to the U.S. shale boom. But now tumbling crude prices are hurting shale drillers while major, longer-term Gulf projects are starting to come online.  SourceContinue Reading

Aquaterra Energy, an offshore engineering solutions provider, has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster. SourceContinue Reading

Baker Hughes has secured a P&A contract with Equinor based on its Mature Assets Solutions portfolio. The agreement will enable Equinor to drive efficiencies, industrialize P&A operations through end-to-end integration. The award marks the start of a multi-year frame agreement for integrated well services. SourceContinue Reading

OEG has secured a significant multi-year helifuel services contract with a major UK operator. Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis. SourceContinue Reading

U.S. oil output is now expected to slip to 13.37 million bpd in 2026 from about 13.42 million bpd from 2025, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday. SourceContinue Reading

The 2025 Unconventional Resources Technology Conference (URTeC) began in Houston on Monday, June 9. In what became a clear theme for the conference, panelists discussed the possibility for unconventional resources to shine amidst a fluctuating market for oil. SourceContinue Reading

EIVA and Terradepth have announced a partnership to streamline subsea data workflows by integrating Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software. The collaboration automates the entire subsea-to-client data workflow. SourceContinue Reading