Drilling & production

The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies.

Matador Resources Company has announced the sale of its remaining Eagle Ford shale position in South Texas.

INEOS Energy has announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings USA. Inc., a US subsidiary of CNOOC International Limited (CNOOC).

bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas.

Global energy technology company SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.

NEO Energy has announced a strategic merger with Repsol Resources UK, creating a leading independent producer in the North Sea.

Equinor has announced the Johan Castberg oilfield in the Barents Sea has come onstream. The field will be producing for 30 years.

Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development.

According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.

The transaction, which is subject to the satisfaction of certain conditions including regulatory approval, will increase Ithaca Energy’s working interest in Seagull from 35% to 50%, equalling bp’s interest as the field operator.

bp has received final government ratification for its contract to invest in the redevelopment of several giant oilfields in Kirkuk, in the north of Iraq.

TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation contract by Shell for its Gato do Mato greenfield development offshore Brazil.

Baker Hughes awarded first technology agreement with Petrobras to develop stress corrosion cracking solution.

EIA forecasts that Alaskan crude oil production will grow in 2026, for the first time since 2017.