SLB OneSubsea has secured an EPC contract to deliver a standardized subsea boosting system for bp’s Tiber project in the deepwater Gulf of Mexico—the second such award tied to bp’s Paleogene developments after Kaskida. SourceContinue Reading
A 40,000-bopd FPSO with 1.1 MMbbl storage—Tamara Tokoni—is now available offshore West Africa for rapid redeployment. The unit offers operators a near-term option to accelerate field development timelines with existing topsides capacity and flexible mooring configurations. SourceContinue Reading
The American Petroleum Institute has launched a nationwide campaign spotlighting the skill, safety, and professionalism of U.S. oil and gas workers, tying into renewed public interest with the return of the Paramount+ series Landman. SourceContinue Reading
Nexans has launched the hull of the CLV Electra at Ulstein Verft, marking a major step toward commissioning one of the industry’s most advanced subsea cable-laying vessels. Designed for high-voltage offshore wind and interconnector projects, Electra will begin sea trials in spring 2026. SourceContinue Reading
TotalEnergies has signed a €5.1 billion all-stock agreement to acquire a 50% stake in EPH’s flexible power generation platform, marking one of the company’s most significant moves yet to scale its gas-to-power integration strategy across Europe. SourceContinue Reading
Canada’s oil sands are seeing renewed growth as U.S. shale output plateaus, with production hitting record highs following the Trans Mountain pipeline expansion. Improved heavy-oil pricing and rising U.S. investor interest are driving a resurgence among major oil sands producers through 2030. SourceContinue Reading
Petrobras has made another offshore discovery in Brazil’s Campos Basin, confirming high-quality post-salt oil at the Sudoeste de Tartaruga Verde block. The new well, drilled in 734 m of water, extends the company’s recent exploration momentum as lab analysis now moves forward to assess full reservoir potential. SourceContinue Reading
TGS has kicked off its Pelotas Norte Phase I 3D multi-client survey offshore southern Brazil, covering 14,800 km² of largely unheld acreage ahead of upcoming bid rounds. A Ramform Titan-class vessel using GeoStreamer® technology will acquire data through Q3 2026. SourceContinue Reading
ADNOC Gas reported the strongest third-quarter results in its history, delivering $1.34 billion in net income—an 8% year-over-year increase—driven by robust domestic gas demand and improved commercial terms. Year-to-date profit reached $3.99 billion, up 10% from 2024, despite lower average oil prices. SourceContinue Reading
K2 Energy Group has acquired Eutex’s global hazardous-area inspection services division, strengthening its offshore and drilling-sector compliance capabilities. The deal integrates Eutex’s inspection expertise with K2’s technology-led maintenance and engineering services, enhancing safety support for major operators worldwide. SourceContinue Reading
