Forum Energy Technologies has launched the Ice® Unity Remote-Connect system, allowing operators to remotely control subsea ROV systems from any location while monitoring operations and streaming survey data in real time. SourceContinue Reading
Viridien has launched a new seismic reimaging project covering roughly 9,000 sq km of 3D data in India’s offshore Mahanadi basin, aiming to improve subsurface imaging and unlock new exploration opportunities. SourceContinue Reading
Guyana is advancing a 25,000-sq-km offshore multi-client seismic survey supported by Viridien to improve subsurface data, de-risk exploration and support future licensing rounds in the Guyana basin. SourceContinue Reading
TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio. SourceContinue Reading
World Oil/Gulf Energy Information’s Deepwater Development Conference got off to a roaring start in Lisbon on Tuesday, featuring an operator’s panel, two solo speakers, and a case studies/lessons learned session. The participants represented a wide mix of operators, service companies and a market analyst. SourceContinue Reading
Oil prices plunged more than 12% as traders struggled to interpret conflicting signals about tanker traffic and possible U.S. naval escorts through the Strait of Hormuz, the critical chokepoint that handles roughly one-fifth of global oil supply. SourceContinue Reading
Chevron has appointed exploration veteran Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, strengthening the company’s strategy to pursue new upstream discoveries across frontier African basins, the Gulf of Mexico, Guyana and other key global oil provinces. SourceContinue Reading
Sunda Energy has secured an environmental license to drill the Chuditch-2 appraisal well offshore Timor-Leste, marking a key regulatory milestone for advancing gas exploration activities within the TL-SO-19-16 production sharing contract. SourceContinue Reading
Escalating U.S. and Israeli strikes on Iran are adding new uncertainty to global oil markets as refinery outages, production cuts and the near-closure of the Strait of Hormuz disrupt supply and drive sharp volatility in crude prices. SourceContinue Reading
ExxonMobil’s board has unanimously recommended relocating the company’s legal domicile from New Jersey to Texas, aligning its corporate structure with operations and leadership long based in the state. SourceContinue Reading
