Specialist drilling waste management company, TWMA*, has secured a three-year contract with TotalEnergies UK for its renowned drilling waste management services, marking the continuation of a long-term relationship between the two companies. SourceContinue Reading
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from APPO. SourceContinue Reading
Cairn Oil & Gas has entered into an agreement with Parker Wellbore to expand operations in India using a high-performance 2000HP drilling rig. Cairn will deploy the rig in Barmer, Rajasthan—the company’s largest onshore producing asset in India, this month. SourceContinue Reading
Eiffage, through Smulders (Eiffage Métal’s Belgian subsidiary), has signed an agreement to acquire 100% of HSM Offshore Energy. The combination of the two companies will strengthen their efficiency and their capacity to deliver large offshore projects. SourceContinue Reading
Chevron has agreed to sell 70% interest in its East Texas shale assets to Tokyo Gas for $525 million in a cash/capital carry transaction. The transaction is expected to generate over $1.2 billion in value to Chevron at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest. SourceContinue Reading
The Energy Workforce & Technology Council has announced Jerry Jones, Owner, President and General Manager of the Dallas Cowboys and majority shareholder of Comstock Resources, as a 2025 Platinum Award recipient. The Platinum Award is the Council’s highest honor, recognizing a lifetime of achievement, leadership, and impact in the oil and gas industry. SourceContinue Reading
Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping oil. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 bpd. SourceContinue Reading
SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. SourceContinue Reading
CNOOC Ltd. has made a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place, the company announced. SourceContinue Reading
The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market. SourceContinue Reading
