Unity deployed a custom thru-tubing inflatable cement retainer to isolate a technically challenging well in Italy after conventional cement squeeze operations failed to overcome a thief zone behind the slotted liner. SourceContinue Reading
White Fleet Drilling’s WFD 450 has begun a multi-well program for Arena Energy on the Gulf shelf following a $65 million acquisition and refurbishment, extending the operator’s drilling reach to previously inaccessible assets. SourceContinue Reading
Saudi Arabia temporarily halted operations at several energy facilities after Houthi missile and drone attacks sparked fires in the kingdom’s south, escalating concerns over regional oil supplies as Brent approaches $100/bbl. SourceContinue Reading
Tamarack Valley Energy and Headwater Exploration will combine in a US$7.2-billion (C$10 billion) all-stock deal, creating a major Canadian oil producer with more than 80,000 boed of run-rate production and over 300 MMboe of 2P reserves. SourceContinue Reading
McDermott has won a substantial subsea contract from Eni for the Cronos gas field development offshore Cyprus, with the company classifying the award at between $500 million and $750 million. SourceContinue Reading
Depleted oil and gas reservoirs and existing infrastructure across Africa could provide the foundation for a growing CCS industry, creating new value from upstream assets while supporting lower-emissions hydrocarbon production. SourceContinue Reading
Argentina is stepping up pressure over offshore oil development around the Falkland Islands as first production approaches, with Halliburton, SLB and Baker Hughes confirming they have no involvement in oil projects there. SourceContinue Reading
Brent crude approached $98/bbl as Chinese buying returned to the market and global inventories tightened, with renewed Middle East attacks adding momentum to a rally that has lifted oil roughly 60% this year. SourceContinue Reading
Decom Engineering has secured nine mooring chain projects in 2026, with two-thirds supporting offshore installation campaigns as the company expands its cutting technology beyond decommissioning. SourceContinue Reading
Kistos has taken ownership of producing Blocks 3 and 4 onshore Oman from Mitsui, marking its entry into the MENA region as its broader $148 million acquisition of three Oman blocks advances. SourceContinue Reading
