The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas. SourceContinue Reading
Subsea7 has secured a substantial offshore Norway contract from Vår Eneri for the Goliat Gas Export Project in the Barents Sea, including pipeline installation and subsea infrastructure work tied to the Hammerfest LNG system. SourceContinue Reading
The African Energy Chamber is promoting new upstream investment opportunities across Africa to South American operators, highlighting LNG expansion, shale gas development and frontier exploration activity across the continent. SourceContinue Reading
Noble Corporation has appointed Halliburton Chairman, President and CEO Jeff Miller to its board of directors, adding additional oilfield services and offshore industry leadership experience to the company’s board. SourceContinue Reading
TotalEnergies has launched its 2026 employee share offering program, allowing employees and former employees to purchase discounted shares as part of the company’s long-term value-sharing and ownership strategy. SourceContinue Reading
Unity has secured new North Sea well decommissioning and well intervention contracts as the Aberdeen-based company expands its offshore well integrity and plugging-and-abandonment operations internationally. SourceContinue Reading
IPAA is backing new legislation from Senator Cynthia Lummis and Congressman August Pfluger aimed at easing methane emissions requirements for marginal oil and gas wells by shifting more oversight to states. SourceContinue Reading
Weatherford has secured a deepwater integrated completions contract from ExxonMobil affiliate Esso Exploration & Production Nigeria to support offshore Nigeria well construction and completions operations. SourceContinue Reading
Equinor and Aker BP have agreed to align portions of their Norwegian Continental Shelf portfolios through a series of offshore asset transactions aimed at accelerating developments and increasing long-term production. SourceContinue Reading
Oceaneering has secured an integrated offshore installation contract for the West Delta Deep Marine gas field development offshore Egypt, including subsea umbilical refurbishment, TCP flowline installation and ROV services. SourceContinue Reading
