Category: Uncategorized

Halliburton expects mid-single-digit revenue growth and operating margins of about 15% in 2027, with no recovery assumed in North American fracturing. Q3 revenue held flat at $5.7 billion, as an 8% gain in Middle East/Asia offset lower U.S. land pressure pumping.

Egypt’s EGAS, with SLB and Viridien, will begin an 18,000-sq-km ocean bottom node seismic survey in the Eastern Mediterranean within two weeks to boost gas exploration.

Kistos’ Q3 production fell to about 18,500 boed on the Jotun FPSO turnaround, but new Balder Phase V and King wells and its Oman deal keep 2026 guidance on track.

Timor-Leste’s ANP has granted Sunda Energy a 12-month extension on the Chuditch gas PSC after a termination notice, as TIMOR GAP weighs taking over as operator.

Vår Energi and Equinor have discovered gas and condensate at the Lakris prospect in Norway’s Norwegian Sea, with preliminary recoverable resource estimates of 1.3–5.5 MMboe.

Perenco UK has completed decommissioning of the Leman South and Durango subsea assets in the Southern North Sea, plugging and abandoning the wells and removing associated infrastructure.

Transocean has won new U.S. Gulf contracts for the drillships Deepwater Proteus and Deepwater Conqueror, adding about $550 million in backlog. Work starts in 2027.

Venezuela expects nearly $76 billion of oil and gas investment over five years, Acting President Delcy Rodríguez says, with 61 deals signed and 44 under negotiation.

Woodside paused pre-commissioning at its Scarborough gas project off Western Australia after Greenpeace protesters boarded the platform, ahead of first LNG in Q4.

Brent crude hit $110/bbl for the first time since May, rising 3.7% as Houthi strikes on Saudi Arabia and Russia-Ukraine energy attacks fuel supply fears.