Technip Energies awarded offshore compression project in Qatar
Technip Energies awarded a significant engineering contract for the North Field Production Sustainability Offshore Compression Project in Qatar.
Drilling & production
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bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin
bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources.
Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production
The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems.
Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030
Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix.
Crescent Energy completes accretive sale of non-operated Permian Basin assets
Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).
TotalEnergies announces first oil from Ballymore field, offshore USA
TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).
ADNOC Drilling awarded US$1.63 billion, five year integrated drilling services contract
Long-term contracting model consistently delivers sustainable value for shareholders, with fleet and energy services expansion driving growth.
More Drilling & production news
CSA designs custom-built mobile science lab for Chevron Mediterranean Limited
CSA Ocean Sciences Inc. (CSA) has completed a consultancy project for Chevron Mediterranean Limited (CML).
Sarens eyes Malaysia as key site for upstream and pipelines
Malaysia emerges as a key site for marine and engineering bidding with the deployment of 39 different projects over the next three years.
Angola: SPIE awarded general maintenance contract with Sonangol Exploração & Produção
SPIE awarded general maintenance contract with Sonangol Exploração & Produção for the Block 3/05 oil complex.
Vallourec receives a major OCTG notice of award from Sonatrach in Algeria
Award to supply Oil Country Tubular Goods (OCTG) to Sonatrach.
EnerMech secures cranes and lifting contract for Anasuria FPSO in North Sea
Three year cranes and lifting services contract for the Anasuria floating production storage and offloading (FPSO) vessel.
Miros strengthens oil spill detection system with cloud-enabled capabilities
Miros announces a significant update to its Oil Spill Detection (OSD) system.
Zenith Energy successfully delivers well in Polish waters for client Central European Petroleum
Zenith reports the successful delivery of the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) offshore Poland.
EIA expects less oil demand and lower oil and gasoline prices in an uncertain market
The US Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026.