Month: October 2026

Production at Kazakhstan’s Karachaganak field has been cut by more than one-quarter after a drone attack forced the shutdown of a Russian gas-processing plant that handles associated gas from the giant oil and gas development.

Aker Solutions has secured a five-year services agreement from Cenovus Energy to support the White Rose field offshore Canada, covering engineering and maintenance for the new West White Rose platform and the SeaRose FPSO.

Equinor has advanced plans for the Wisting field by submitting its proposed environmental impact assessment program for public consultation, moving Norway’s largest undeveloped oil discovery another step toward a potential 2027 final investment decision.

ONGC has expanded its technical services partnership with bp, awarding the company a new contract to help optimize production across India’s Western Offshore Basin following early success at Mumbai High.

Baker Hughes has been awarded a contract by Azule Energy to supply subsea production systems for the Greater PAJ development offshore Angola. The scope includes horizontal subsea trees, control modules and installation services to support the ultra-deepwater project, with equipment deliveries beginning in 2027.

Canadian oil sands emissions intensity fell for a 13th consecutive year in 2025 and is now 31% lower than in 2009, according to S&P Global Energy, even as production growth pushed overall emissions slightly higher.

Clariant has successfully deployed its HYTREAT ECO hydrate inhibitor technology in North Sea fields offshore Norway and the UK, offering operators an OSPAR-compliant alternative to conventional methanol and MEG-based flow-assurance programs.

U.S. Steel is investing $475 million in a new heat-treatment line at its Fairfield Tubular Operations, expanding OCTG production capacity to support growing demand from major U.S. oil and gas basins, including the Permian, Eagle Ford and Haynesville.

Brent crude fell below $75/bbl for the first time since the Iran conflict began as tanker traffic through the Strait of Hormuz continued to increase and U.S.-Iran peace talks showed early signs of progress.

EnerMech has completed a pipeline flushing and cleaning project for Subsea7 as part of an offshore field decommissioning program in the U.S. Gulf of America/Mexico.