Anasuria Operating Company has selected MODS Connect WorkPack and MODS Connect Completions under a new 12-month contract to digitalize project execution and completions across its UK North Sea assets. SourceContinue Reading
VAALCO Energy is advancing major operational projects across Africa, including a late-2025 drilling campaign in Gabon, the Baobab FPSO refurbishment in Côte d’Ivoire, and new well completions in Egypt. The company also continues progress on the Venus development offshore Equatorial Guinea. SourceContinue Reading
North Dakota’s Industrial Commission has awarded $45.1 million in matching grants to advance Enhanced Oil Recovery (EOR) projects in the Williston basin. The funding supports pilots by Chord Energy, Continental Resources, Devon, Cobra, and the EERC to boost recovery and extend field life for decades. SourceContinue Reading
ADNOC Logistics & Services reported record nine-month 2025 results with revenue up 39% and net profit up 9% year-on-year, supported by strong Q3 performance and growth across all business lines. The company raised its full-year dividend 20%, secured major contracts, and advanced digital and fleet expansion initiatives. SourceContinue Reading
Kenya’s Gulf Energy plans to start oil production from the former Tullow Oil fields in the South Lokichar basin by December 2026, following government approval of its field development plan. The $120 million acquisition marks a major step toward Kenya’s first commercial oil output. SourceContinue Reading
TotalEnergies has signed a production sharing contract with QatarEnergy and Petronas for Block S4 offshore Guyana, becoming operator of the 1,788 km² shallow-water block. The partnership marks TotalEnergies’ entry as an operator in Guyana and supports its strategy to explore low-cost, low-emission resources in a prolific hydrocarbon basin. SourceContinue Reading
Governments across Europe and the Middle East are scrambling to maintain operations at Lukoil’s global oil assets after the U.S. Treasury sanctioned Russia’s number two oil producer and blocked a proposed sale to Gunvor Group. SourceContinue Reading
Glenfarne Alaska LNG and Baker Hughes have signed definitive agreements to advance the Alaska LNG Project, with Baker Hughes providing key compression and power equipment and making a strategic investment in the development. SourceContinue Reading
Ranger Energy Services is set to become the largest well-servicing provider in the Lower 48 with its $90.5 million acquisition of American Well Services, expanding its Permian Basin rig fleet by 25% and boosting earnings and cash flow potential. SourceContinue Reading
ExxonMobil CEO Darren Woods says the company will move “fairly quickly” on the Mozambique Rovuma LNG project once force majeure is lifted, signaling renewed progress. SourceContinue Reading
