DTEK and Baker Hughes sign MOU to develop Ukrainian gas production
DTEK and Baker Hughes sign MOU to develop Ukraine's gas production and strengthen energy security.
Drilling & production
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Strohm provides insulated production jumpers for a project in Malaysia
Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply two insulated carbon fibre PA12 (CF/PA12) TCP production jumpers for a Southeast Asian operator.
ExxonMobil and Halliburton achieve world’s first fully closed-loop automated geological well placement in Guyana
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has achieved the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana.
EIA: US natural gas production reached a new record in 2025
US marketed natural gas production reached a new record in 2025, growing by 5.3 billion ft3/d to average 118.5 billion ft3/d, according to the U.S. Energy Information Administration’s latest Natural Gas Monthly.
The cost of capital discipline: Big Oil faces production cliff edge
30 of the world’s largest companies must find 22 million bpd by 2040. Companies will need to deploy every tool in the business development playbook to square the circle
Celeros Flow Technology signs strategic corporate procurement agreement with Aramco
Marking a key milestone in the two companies’ strategic partnership.
Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola
New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa.
More Drilling & production news
Hogan Lovells represents Transocean in agreement to acquire Valaris
Hogan Lovells represents Transocean in its acquisition of Valaris, creating combined company with value of US$17 billion.
ABL awarded offshore gig at Egypt’s Kamose field
Energy and marine consultancy ABL has been appointed to provide marine warranty survey services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO).
Geoinform Ltd., subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes
The collaboration aims to introduce state of the art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.
Fulkrum strengthens South American footprint with Bogotá office opening
The agreement, which commenced in early 2026, covers inspection and technical staffing services in support of multiple upstream energy projects and emerging new energy initiatives in Colombia and beyond.
HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for hydrocarbon exploration and production with the Hellenic Republic
This marks a new milestone in HELLENiQ ENERGY’s upstream portfolio.
Everllence compressor technology for new FPSO offshore Guyana
Four Everllence compressor trains are to be delivered to MODEC for the Hammerhead gas field project.
Elemental Energies acquires Applied Petroleum Technology AS, strengthening its subsurface capabilities
The strategic move strengthens Elemental Energies’ existing subsurface capability, creating an integrated and unrivalled team spanning geoscience, reservoir engineering, geochemistry and petroleum engineering.
Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain
Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain.