Category: Uncategorized

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.

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.

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.

OPEC+ will keep November oil production targets unchanged as Middle East disruptions constrain actual output and crude prices remain near $100/bbl.

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.

Flowco has acquired Lifting Solutions for approximately $113 million, expanding its artificial lift portfolio with continuous rod and progressing cavity pump technologies.

ConocoPhillips has signed a 20-year agreement to purchase 1 MMtpa of LNG from Venture Global beginning in 2030, expanding its long-term LNG supply portfolio.

Petrobras has made a second oil discovery in its ultra-deepwater Morpho well offshore Brazil, identifying another oil-bearing interval in the Foz do Amazonas basin.

Aker BP has appointed a new executive management team effective January 2027, reorganizing its leadership around exploration, development and production to streamline offshore operations.

Seismos has opened a full-scale acoustic research center in Texas to advance closed-loop well stimulation, combining real-time sensing, AI and a 2,349-ft flow loop to improve completion performance.