Constellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs in Brazil. SourceContinue Reading
Offshore and onshore executives at the Energy Workforce conference point to a rebound in deepwater activity, steady U.S. drilling and continued gains in efficiency driven by automation and AI. SourceContinue Reading
Halliburton acquires Sekal to expand automated drilling and digital well construction capabilities, aiming to cut costs, improve recovery and accelerate drilling performance. SourceContinue Reading
BLM lease sales across Colorado, Nevada and Utah generate $64.8 million, highlighting renewed interest in U.S. onshore drilling under lower federal royalty rates. SourceContinue Reading
EMGS agrees to sell its core geoservices business to Riggs Capital in a deal worth up to $2.5 million as the company moves to avoid winding down operations. SourceContinue Reading
Trillion Energy looks to sell its Black Sea gas interest while committing $15 million to earn into a new exploration block in southeast Turkey. SourceContinue Reading
INPEX expands its upstream collaboration with Pertamina in Indonesia, advancing the Abadi LNG project and broader Southeast Asia exploration efforts. SourceContinue Reading
Subsea7 secures a subsea installation contract for Chevron’s Aseng gas project offshore Equatorial Guinea, including flowlines, umbilicals and tieback infrastructure. SourceContinue Reading
Liberty Energy raises $525 million through a convertible notes offering, strengthening financial flexibility as the completion services provider continues supporting North American upstream activity. SourceContinue Reading
ABL and Maridive & Oil Services sign a two-year agreement to provide marine assurance and risk services supporting offshore vessel operations across key global energy regions. SourceContinue Reading