Santos reported strong results from its Quokka-1 appraisal well on Alaska’s North Slope, confirming high-quality Nanushuk reservoir performance with flow rates of 2,190 bopd as development planning advances alongside the Pikka project. SourceContinue Reading
U.S. oilfield services employment rose to 627,018 jobs in March, gaining 1,877 positions month over month, as energy service companies cautiously increase hiring amid improving market conditions. SourceContinue Reading
ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to 1 Bcm/year and strengthening domestic energy supply for the Netherlands and Germany. SourceContinue Reading
ExxonMobil reported a 6% drop in global production in the first quarter as Middle East conflict disrupted Gulf operations, including damage to LNG facilities in Qatar. SourceContinue Reading
A U.S.-Iran ceasefire agreement is set to reopen the Strait of Hormuz, easing supply concerns and triggering sharp declines in oil and natural gas prices, though uncertainty remains over safe transit and the truce’s durability. SourceContinue Reading
SLB OneSubsea and Subsea7 have signed a collaboration agreement with PETRONAS Suriname to accelerate offshore subsea developments, enabling early engagement and integrated EPCIC delivery across multiple projects. SourceContinue Reading
Emerson is adding AI capabilities to its Guardian platform, helping oil and gas operators improve automation performance, speed up troubleshooting and maintain reliability across increasingly complex operations. SourceContinue Reading
Nigeria is highlighting renewed upstream investment and production growth ahead of the Invest in African Energy Forum in Paris, as reforms and new projects position the country to attract global oil and gas capital. SourceContinue Reading
Colombia’s Ecopetrol has avoided potential operational disruption after its main oil workers union dropped a strike threat following the CEO’s departure, easing near-term risks to production. SourceContinue Reading
Aker BP has started production from the Symra field offshore Norway nine months ahead of schedule, adding a subsea tieback to the Ivar Aasen platform and supporting continued North Sea production growth. SourceContinue Reading