Category: Uncategorized

EnerMech has secured a five-year extension of its inspection and asset integrity contract with Chevron Australia, continuing its services through 2031.

Tullow Oil has lost a $196.5 million tax arbitration over its Ghana operations, sending shares down about 50% and adding pressure on a company increasingly reliant on its core Ghana assets.

Canada, Alberta and five major oil sands producers are advancing a framework that links future production growth and export capacity with the Pathways CCS project and additional emissions reductions.

OLI and specialists from major operators including bp, Chevron, ExxonMobil and Shell have developed a common technical framework for assessing and managing mineral scale risk across upstream operations.

Unity has launched an ultra-compact, 10,000-psi BOP valve measuring one-third the width of conventional systems, designed to expand well intervention options in space-constrained offshore environments.

SLB OneSubsea has won a contract from ExxonMobil Moçambique to supply subsea trees, manifolds, umbilicals and control systems for the first phase of the deepwater Rovuma LNG project offshore Mozambique.

Canadian oil sands production is expected to reach a record 3.5 MMbpd in 2026 and climb to 3.9 MMbpd by the early 2030s, with S&P Global seeing further upside if new construction returns.

Monumental Energy has identified two gas-condensate prospects in New Zealand’s Taranaki basin, including the 200-PJ Mauku NE target, as it awaits a decision on its application for PEP 61554.

Newly listed 1947 Oil & Gas has begun trading on London’s AIM market, providing capital to complete its previously announced Renaissance Offshore acquisition and pursue additional producing assets in the Gulf of America.

DNO says its $5.214-per-share all-cash offer for Capricorn Energy is final and will not be increased after Genel Energy raised its competing bid and secured commitments representing about 39% of Capricorn shares.