Category: Uncategorized

Petrobras, Shell and Strohm have completed qualification and offshore trials of a corrosion-resistant TCP flowline, clearing the way for a Petrobras pilot in Brazil’s pre-salt in early 2027.

Abu Dhabi’s XRG is exploring a potential stake in the Shell-led LNG Canada project as the ADNOC-backed company pursues its goal of becoming a top-five global natural gas supplier.

McDermott has completed $1.05 billion in equity and bond financing alongside new credit facilities, extending its maturity profile and supporting execution of its global project backlog.

Halliburton has signed agreements with Eneva and WESCA to pursue oil and gas development opportunities in Venezuela, building on the oilfield services company’s nearly nine decades of experience in the country.

Trio Petroleum has signed a farm-in agreement with Croverro Energy covering up to 14 multilateral heavy oil drilling opportunities in Alberta and Saskatchewan, alongside a well re-entry and producing-property acquisition.

TotalEnergies has signed an MoU with PDVSA that could pave the way for its return to Venezuela’s oil and gas sector, joining a growing wave of international companies pursuing new projects in the country.

Oil and LNG shipments through the Strait of Hormuz have reached their highest level in six months, according to U.S. Central Command, as mine-clearing and maritime security efforts support increased flows.

G20 energy talks in Houston put permitting, infrastructure and supply-chain resilience in focus, with Energy Workforce highlighting the oilfield services sector’s role in meeting growing global energy demand.

TotalEnergies has struck a $1.8 billion partnership with BlackRock’s GIP involving African oil and gas infrastructure assets, with throughput-based payments extending for up to 15 years.

INEOS has launched commercial CO₂ storage at Greensand offshore Denmark, using the depleted Nini West oil field with initial capacity of 400,000 tonnes per year and potential to scale to 4–8 million tonnes.