Eni has discovered an estimated 2 Tcf of gas offshore Egypt, with the Denise W-1 well located near existing infrastructure—positioning the project for fast-track development and reinforcing Eastern Mediterranean supply potential. SourceContinue Reading
U.S. shale producers are expected to increase output as oil prices surge above $100 following disruption in the Strait of Hormuz, with operators turning to DUC wells first. SourceContinue Reading
The Texas Railroad Commission marks 135 years overseeing oil and gas activity, highlighting its role in regulating drilling, pipelines and energy development across the state. SourceContinue Reading
Nikkiso will supply pumps for Germany’s largest land-based LNG import terminal, supporting expanded gas import capacity as Europe strengthens energy supply infrastructure. SourceContinue Reading
bp and ADNOC-backed Arcius Energy has sanctioned a $500 million offshore gas development in Egypt, advancing plans to boost supply from the Eastern Mediterranean. SourceContinue Reading
Halliburton partners with PETRONAS and Valaris to support offshore development in Suriname, aligning drilling and subsurface planning early in the project lifecycle. SourceContinue Reading
Qatar LNG tankers have diverted routes as transit through the Strait of Hormuz remains constrained, highlighting ongoing disruption to global energy flows. SourceContinue Reading
Valaris extends its DS-4 drillship contract with Petrobras offshore Brazil, adding $447 million in backlog and securing deepwater work into 2030. SourceContinue Reading
Masirah Oil plans to begin drilling three development wells at the offshore Yumna field in Oman’s Block 50, advancing production activity in the area. SourceContinue Reading
The U.S. Interior Department plans to merge key offshore regulators to streamline leasing, permitting and oversight of oil, gas and emerging offshore resources. SourceContinue Reading