Chevron, Anadarko, and Westlawn have partnered to explore offshore blocks in Peru’s Trujillo Basin, signing modified license agreements with Perupetro. The consortium plans to analyze 6,018 km² of seismic data, with exploratory drilling targeted after 2026 that could unlock up to 150,000 bpd of oil production. SourceContinue Reading

Colombia’s Ecopetrol is seeking oil and gas deals in Brazil, with a focus on Petrobras’s Bahia Terra onshore cluster and other exploration opportunities in the Potiguar and Reconcavo basins. SourceContinue Reading

The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore. SourceContinue Reading

Oregen Energy has expanded its position in Namibia’s emerging Orange Basin, one of the world’s most closely watched oil frontiers, as international operators ramp up appraisal and development efforts following a string of large discoveries. SourceContinue Reading

ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea. SourceContinue Reading

ARGAS has become the first company to deploy STRYDE’s nodal seismic technology in Egypt, acquiring 30,000 Range+ nodes and the Nimble system for a large 2D survey. The move marks a breakthrough in onshore seismic acquisition. SourceContinue Reading

ExxonMobil CEO Darren Woods blasted the EU’s new Corporate Sustainability Due Diligence Directive, calling it “bone-crushing” for upstream operators. The law, set for full rollout by 2029, would mandate binding net-zero plans across global supply chains and fine violators up to 5% of global revenue. SourceContinue Reading

TAQA UK has awarded offshore contractor Allseas a major contract to decommission the Brae Alpha platform topsides in the Central North Sea, marking another milestone in one of the UK’s largest offshore decommissioning programs. SourceContinue Reading

FutureOn has launched major upgrades to its FieldTwin platform, introducing advanced visualization, reporting, and AI-powered FieldTwin Intelligence to accelerate offshore subsea project design and operations. SourceContinue Reading

Emerson has launched AspenTech Subsurface Intelligence™ (ASI), a new AI-powered, cloud-native platform designed to transform upstream decision making and collaboration across the oil and gas industry. SourceContinue Reading