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News Ticker
  • [ June 20, 2025 ] Expro wins well test contract for major UK CCS project News
  • [ June 19, 2025 ] Halliburton, Petronas announce partnership for subsurface modeling, reservoir management News
  • [ June 19, 2025 ] Geopolitical risk could add $10/b to oil prices News
  • [ June 19, 2025 ] Nigeria to introduce real-time tracking for oil export shipments News
  • [ June 19, 2025 ] Oil market remains ‘on edge’ amid Middle East conflict News
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Eiffage acquires HSM Offshore, strengthening expertise in offshore market

Eiffage, through Smulders (Eiffage Métal’s Belgian subsidiary), signed today an agreement with a view to acquiring 100% of HSM Offshore Energy to strengthen its expertise in the offshore energy market. HSM Offshore Energy is an […]

News

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Chevron has closed on a deal to sell a 70% interest in its East Texas shale gas assets to an affiliate of TG Natural Resources LLC (TGNR), a company indirectly owned by Tokyo […]

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Trump revokes permits for U.S., foreign oil firms in Venezuela

(Bloomberg) – The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the […]

News

Subsea7 awarded contract for Equinor CCS project, offshore Norway

Subsea 7 S.A. today announced the award of a sizeable1 contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation of […]

News

Latest TIPRO report shows continued growth for Texas upstream employment

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream […]

News

African NOCs advance oil and gas projects through diverse financing strategies

African national oil companies (NOCs) are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets. Through various innovative strategies such as privatization and divestment, bond issuances, […]

News

Bayswater E&P closes $600 million sale of DJ Basin assets

Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. in a cash and stock transaction valued at […]

News

Judge rules against sale of Gulf of Mexico oil drilling rights

Jennifer A. Dlouhy March 28, 2025 (Bloomberg) – A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf […]

News

Woodside to divest Trinidad and Tobago assets to Perenco for $206 million

Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby […]

News

RRC Commissioners asses more than $1.8 million in oil and gas penalties

The Railroad Commission of Texas assessed $1,888,364 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday.  The Commission has primary oversight and enforcement of the state’s oil […]

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Recent News

  • Expro wins well test contract for major UK CCS project

    Expro wins well test contract for major UK CCS project

    June 20, 2025
  • Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

    Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

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  • Geopolitical risk could add $10/b to oil prices

    Geopolitical risk could add $10/b to oil prices

    June 19, 2025
  • Nigeria to introduce real-time tracking for oil export shipments

    Nigeria to introduce real-time tracking for oil export shipments

    June 19, 2025
  • Oil market remains ‘on edge’ amid Middle East conflict

    Oil market remains ‘on edge’ amid Middle East conflict

    June 19, 2025
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