INEOS and Shell are advancing new deepwater exploration and development opportunities near the Appomattox platform in the U.S. Gulf, targeting tieback projects to existing infrastructure. SourceContinue Reading
Weatherford has secured managed pressure drilling contracts and a global aftermarket agreement with Noble, including MPD system deployments for offshore operations in Guyana and Nigeria. SourceContinue Reading
Harbour Energy has cleared a key hurdle in its acquisition of Waldorf’s North Sea assets, with a UK court backing the restructuring needed to move the deal forward. SourceContinue Reading
Baker Hughes and Strohm are developing a hybrid flexible pipe for ultra-deepwater flowline and riser applications, targeting reduced weight and improved installation efficiency. SourceContinue Reading
Guyana’s President took the stage at OTC’s opening session—but instead of highlighting the country’s booming oil output, his wide-ranging remarks on energy transition, financing and “global energy balance” left attendees searching for a clearer message. SourceContinue Reading
Diamondback is ramping up Permian output, citing a “historic global deficit” as supply disruptions and rising prices push U.S. shale producers to respond. SourceContinue Reading
Iran launched missile and drone attacks on the UAE, targeting oil infrastructure in Fujairah and driving crude prices higher amid renewed regional tensions. SourceContinue Reading
Unique Group is expanding its subsea mechanical division with new systems for offshore decommissioning, installation and construction, including excavation, cutting and recovery technologies. SourceContinue Reading
South Sudan has declined to renew Oranto Petroleum’s Block B3 exploration license after a performance review found unmet seismic, drilling and financial obligations. SourceContinue Reading
Permian land firm EagleRock has launched an IPO that could raise nearly $400 million, underscoring continued investor interest in basin access and royalty assets. SourceContinue Reading