Forum Energy Technologies has introduced ICE Unity, its advanced ROV control system designed to streamline offshore operations. The system features a unified user interface, remote monitoring, predictive maintenance, and compatibility across FET’s full ROV fleet. SourceContinue Reading
ExxonMobil has approved the $6.8 billion Hammerhead development offshore Guyana, marking its seventh project in the Stabroek block. The development will add 150,000 bopd starting in 2029, boosting total block capacity to 1.5 million bopd. SourceContinue Reading
ExxonMobil has approved the $6.8 billion Hammerhead development offshore Guyana, marking its seventh project in the Stabroek block. The Hammerhead FPSO will add 150,000 bopd starting in 2029, boosting total block capacity to 1.5 million bopd. SourceContinue Reading
Angola’s crude oil output rebounded to 1.03 million bpd in August, surpassing the 1 million mark after slipping in July. The government aims to sustain production levels as it prepares a new licensing round—the final under its multi-year concession strategy. SourceContinue Reading
BW Offshore has achieved first gas on the BW Opal FPSO at Santos’ Barossa LNG project offshore Australia. The FPSO, designed to process 850 MMscf/d of gas and 11,000 bpd of condensate, marks a key milestone ahead of full operations under its 15-year charter. SourceContinue Reading
Ocean Geophysics has teamed up with EdgeTech to deliver advanced software for the new eBOSS system, enhancing detection of buried subsea objects critical to offshore oil and gas operations. SourceContinue Reading
Trinidad and Tobago has officially closed its 2025 Deepwater Competitive Bidding Round, launched in January and featuring 26 offshore blocks. CNOOC International submitted bids for three blocks, while the STIT Energy–GROUNDPORTS consortium bid on one. SourceContinue Reading
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO). SourceContinue Reading
Tracerco has introduced its chemical tracer technology into a U.S. carbon capture and storage project for the first time. Adapted from enhanced oil recovery applications, the tracers provide ultra-sensitive leak detection, track plume migration, and verify CO₂ containment. SourceContinue Reading
Nigeria’s NNPC Ltd. is accelerating upstream oil and gas growth with new production sharing contracts alongside TotalEnergies, crude supply agreements and gas pipeline progress. The company aims to attract $60 billion in upstream investment by 2030. SourceContinue Reading
