Perenco CEO Armel Simondin says the independent producer plans to expand into new countries to secure resources and sustain 500,000 bpd of production. The company will maintain $2 billion in annual investment, focus on mature oil fields in Africa, and grow natural gas output through projects like Gabon’s barge-mounted LNG plant. SourceContinue Reading

India’s foreign ministry said it was unaware of any conversation between Prime Minister Narendra Modi and President Donald Trump after the U.S. leader claimed Modi had agreed to stop Russian oil purchases. Despite U.S. pressure and new tariffs, India maintains it will continue buying Russian crude. SourceContinue Reading

Halliburton and Aker BP have completed the first umbilical-less tubing hanger installation on the Norwegian continental shelf using Halliburton’s eROCS digital control system and Optime Tubing Hanger Orientation System. SourceContinue Reading

Global energy and marine consultancy ABL has secured a new contract from India’s Oil and Natural Gas Corporation Limited (ONGC) to oversee rig moving operations across Indian waters between September 2025 and May 2026. SourceContinue Reading

DeepOcean has entered a time charter agreement for the multipurpose vessel Glomar Supporter to strengthen its survey, inspection, and light IMR service offering across offshore wind and oil and gas markets. SourceContinue Reading

bp and the Shah Deniz consortium have awarded three major offshore contracts worth about $700 million to the Saipem and BOS Shelf joint venture for the Shah Deniz Compression (SDC) project in the Caspian Sea. SourceContinue Reading

TotalEnergies expects third-quarter profit and cash flow to rise up to 5% year-on-year, supported by higher oil and gas production and stronger European refining margins. Hydrocarbon output grew 4% to 2.5 MMboed, offsetting lower crude prices. SourceContinue Reading

Valeura Energy and partner Pinnacle Turkey have signed a joint venture agreement with Transatlantic Petroleum to explore and develop deep gas formations in Türkiye’s Thrace basin. The partnership will begin with the re-entry and testing of the Devepinar-1 well, targeting commercial potential in the Kesan formation. SourceContinue Reading

Halliburton has secured multiple contracts from Petrobras to deliver completion, stimulation, and safety valve services across Brazil’s deepwater fields. The projects, starting in 2026, will deploy Halliburton’s SmartWell® and EcoStar® technologies. SourceContinue Reading

Santos Chief Financial Officer Sherry Duhe has resigned after one year, following the collapse of a proposed $19 billion merger with ADNOC. Duhe will be replaced by deputy CFO Lachlan Harris as the company refocuses on LNG growth projects. SourceContinue Reading