Carbon Clean and SAMSUNG E&A have formed a global alliance to deliver modular carbon capture systems that cut costs and speed deployment. The partnership combines Carbon Clean’s CycloneCC™ technology with SAMSUNG’s EPC expertise to advance large-scale industrial decarbonization. SourceContinue Reading
Aberdeenshire-based completions specialist Vulcan Completion Products (VCP) is marking a new stage in its global growth as its workforce approaches 40 employees and operations extend to nearly 50 countries. SourceContinue Reading
Halliburton has won an integrated drilling and completion services contract from Shell Nigeria and Sunlink Energies for the HI gas field in OML 144, which will supply feed gas to the Nigeria LNG Train 7 project. SourceContinue Reading
Africa’s oil and gas industry is entering a new phase of consolidation and exploration as mergers, acquisitions, and fresh licensing rounds reshape the continent’s upstream landscape heading into 2026. SourceContinue Reading
IOG Resources II has acquired producing non-operated natural gas assets in Pennsylvania’s Appalachian basin from an undisclosed seller. Operated by Seneca Resources, the assets currently produce about 19 MMcf/d. SourceContinue Reading
The UAE, long one of OPEC’s key oil producers, is pivoting to U.S.-tested fracing techniques to tap its “very promising” unconventional gas resources, with the intention of ramping up output amid forecasts for surging demand. SourceContinue Reading
Ovintiv will acquire NuVista Energy in a $2.7 billion cash-and-stock deal, adding 140,000 net acres and 100,000 boed of production in the Montney while planning to divest its Anadarko assets to strengthen its balance sheet. SourceContinue Reading
Coterra Energy defended its diversified U.S. oil and gas strategy after activist investor Kimmeridge called for leadership changes and divestitures. The company reaffirmed the value of its multi-basin model and disciplined capital approach. SourceContinue Reading
Petrobras’ plan to divest shallow-water oil fields has been derailed after Brazil’s regulator, ANP, denied testing needed to restart production at 13 sites. The decision forces the state oil firm to absorb costly decommissioning as global oil prices weaken. SourceContinue Reading
