Month: June 2026

SLB has secured a 15-year agreement to deploy its DrillPlan technology across TotalEnergies’ global upstream portfolio, integrating subsurface data with digital well planning and engineering workflows.

Crescent Energy will acquire Devon Energy’s Eagle Ford assets in a $4.2 billion cash deal, adding 68,000 boed of production and more than 600 drilling locations in Texas.

Sri Lanka is seeking international E&P bidders for four offshore blocks covering nearly 34,000 km² in the Mannar basin, with bids due Feb. 2, 2027.

H&P will deploy seven additional FlexRobotics systems for ExxonMobil over the next 12 months, expanding the drilling automation technology from two systems to nine.

TWMA has secured a new drilling waste management contract for a multi-well UK North Sea campaign, with its RotoMill technology expected to process about 2,000 metric tons of drill cuttings per well.

Norway-based Logtek has selected Emerson’s AspenTech Geolog technology to automate subsurface and petrophysics workflows supporting E&P decisions across the Norwegian Continental Shelf.

Chevron has joined SLB and TotalEnergies’ Arena collaboration to develop digital subsurface technologies aimed at improving reservoir engineering, geoscience and field development decisions.

Cenovus will acquire Athabasca Oil in a C$5.7 billion (US$4.1 billion) deal, adding about 45,000 boed and expanding its oil sands portfolio with the Leismer and Corner assets.

Baker Hughes has signed agreements with PDVSA and New Stratus Energy targeting Venezuela’s oil and gas development, gas infrastructure and potential future LNG exports.

Eni and Repsol are considering bringing outside investors into Venezuela’s giant Perla gas field as the partners pursue higher production and LNG exports by 2031.