An ATCC trade mission will connect U.S. energy companies, investors and technology providers with Vaca Muerta operators and buyers through pre-arranged meetings in Neuquén in October. SourceContinue Reading
U.S. Steel has received the final permit for a $475 million quench-and-tempering facility in Alabama that will expand tubular capacity for the Permian, Eagle Ford, Haynesville and Marcellus basins. SourceContinue Reading
Thailand has approved Valeura Energy’s farm-in for a 40% interest in two PTTEP blocks in the Gulf of Thailand, advancing plans for further offshore exploration and development. SourceContinue Reading
Borr Drilling will divest its 51% stake in Mexican joint venture Perfomex while retaining ownership of three jackup rigs operating under Pemex contracts through 2028 and 2030. SourceContinue Reading
TotalEnergies and Mistral are investing more than $115 million to develop advanced AI models aimed at improving oil and gas exploration, reservoir analysis and field development decisions. SourceContinue Reading
Halliburton has won a multi-year contract from Eni to provide integrated drilling, well construction and completions services for the Cronos ultra-deepwater gas development offshore Cyprus. SourceContinue Reading
PVM Oil Associates analysts see renewed risk of $120 Brent as the Saudi pipeline shutdown, falling inventories and refinery constraints erode the buffers that previously helped contain oil prices. SourceContinue Reading
Hornbeck Offshore has secured a two-year North Sea contract for riserless well plug-and-abandonment operations beginning in second-quarter 2027, with options to extend. SourceContinue Reading
Fulkrum has won an inspection services contract covering Vår Energi’s NCS project portfolio, with work already underway on three subsea developments in the Gjøa area. SourceContinue Reading
Saipem has won a $350 million contract from Azule Energy to install 62 km of subsea infrastructure tied to the Agogo FPSO in water depths reaching 1,750 meters offshore Angola. SourceContinue Reading
