PCEC signs strategic agreements with Petróleos de Venezuela
Pacific Coast Energy Company has announced strategic agreements with Petróleos de Venezuela, S.A. to redevelop Venezuelan Delta and Cabimas oil fields.
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This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
Valaris announces contract awards
Valaris has secured US$220 million in contract awards and extensions, covering drilling in Suriname, jackup operations in Australia, and plug and abandonment work in the North Sea.
H&P and ExxonMobil expand technology deployment
H&P has expanded the deployment of its FlexRobotics® technology across ExxonMobil’s drilling operations to advance automation, safety, and performance.
Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium
Wood Mackenzie has reported that Johan Sverdrup Crude hits record US$24/bbl premium to Brent as Saudi pipeline suspension tightens European medium-sour supply.
Upcoming oil events
SPT Brazil 2027
06 Apr 2027 - 07 Apr 2027
JW Marriott Hotel Rio de Janeiro
Avenida Atlantica, 2600,
Copacabana,
Rio de Janeiro,
Rio de Janeiro,
22041-001,
Brazil
SLB and TotalEnergies welcome Chevron to collaboration
Chevron Technical Center has joined SLB and TotalEnergies in their long-term digital subsurface collaboration, supporting the development of reservoir engineering and geoscience technologies.
Decom Mission and FINDES launch portal connecting Brazilian decom with UK expertise
A digital Challenge Portal designed to put Brazilian businesses in direct contact with specialist decommissioning capability honed in the North Sea.
TWMA secures multi-million-pound UK North Sea contract
Contract reinforces TWMA’s long-term commitment to operators in the region.
Seatrium and Karpowership extend collaboration
Seatrium Ltd and Karpowership are advancing their collaboration with the ninth Floating Storage Regasification Unit (FSRU) conversion project, LNGT Akdeniz.
Southeast Asia's upstream M&A activity shifts
According to Rystad Energy, Southeast Asia's upstream merger and acquisition conversation has moved from which international oil companies are leaving to who is entering, with US$9.6 billion on offer.
McKinsey Global Energy Perspective 2026: shifting demand drives energy expansion
McKinsey’s Global Energy Perspective 2026 finds that the ongoing energy transition, impacted by volatile market conditions, is becoming an energy expansion, with oil, gas, coal, and renewables all growing.