Category: Uncategorized

AGR and THF Engineered Solutions have formed a strategic partnership to apply AI-powered well engineering technology that helps operators improve well planning, identify operational risks earlier and streamline engineering workflows.

EnerMech has secured a multi-year contract to provide topside process and shutdown services for a North Sea offshore operator, expanding its role in maintenance, asset integrity and operational support across the operator’s asset portfolio.

Xodus Group will support environmental approvals for the next phases of Australia’s Northern Endeavour Decommissioning Program, including subsea well plugging and abandonment and removal of offshore infrastructure.

ADNOC and SLB have deployed an AI-enabled drilling platform across more than 120 onshore and offshore drilling rigs, enabling real-time operational oversight, faster decision-making and reduced drilling downtime.

bp’s decision to market its UK North Sea business is fueling renewed calls for fiscal reform, with INEOS Energy Chairman Brian Gilvary warning that policy uncertainty is driving investment, jobs and production away from the basin.

Nigeria has approved a $4.5 billion oil-backed financing agreement tied to future crude production, providing new funding for NNPC while supporting government infrastructure spending and strengthening foreign-exchange reserves.

Intermoor has secured a new three-year contract from Petrobras to provide inspection, maintenance and operational readiness services for offshore mooring and subsea infrastructure across Brazil.

ExxonMobil Global Projects has selected Sercel’s SIMOPS platform to support pipelay and mooring installation campaigns on the Whiptail development in Guyana’s Stabroek Block, enhancing coordination of offshore operations.

OPEC+ has approved a 188,000-bpd production increase for September, completing its planned output restoration while signaling quotas are likely to remain steady through year-end amid continued Middle East supply uncertainty.

Petrobras has confirmed a new offshore gas discovery at the Sandia-1 exploratory well in Colombia’s GUA-OFF-0 Block, reinforcing the region’s growing deepwater gas potential alongside the Sirius and Copoazu discoveries.