Latest Headlines
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Offshore Technical Compliance And ModuSpec Enter Into R&D Agreement To Advance Well Control Assurance
10/16/2025
Offshore Technical Compliance LLC (OTC), a leader in delivering regulatory compliance services and digital technology solutions to the global oil and gas industry, has entered into a research and development (R&D) agreement with global rig and well control equipment solutions specialists ModuSpec, to deliver a streamlined approach to well control system assurance.
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Petrobras Awards Halliburton Deepwater Contracts For Completion And Stimulation Services In Brazil
10/15/2025
Halliburton announced today that Petrobras awarded multiple contracts to provide vessel stimulation, intelligent completions, and safety valves in Brazil’s deepwater fields after a competitive process.
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DeepOcean Charters Near-Shore Survey And IMR-Vessel
10/15/2025
Ocean services provider DeepOcean expands its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.
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Valeura Energy Inc.: Türkiye Joint Venture Agreement
10/15/2025
Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce that via a wholly-owned subsidiary, and together with its partner, Pinnacle Turkey, Inc. ("Pinnacle"), it has entered into an agreement with a subsidiary of Transatlantic Petroleum LLC ("Transatlantic") to explore for and develop hydrocarbons in the deep rights formations of the Thrace basin of northwest Türkiye (the "Joint Venture").
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C-Innovation Awarded New Multi-Year ROV Contract
10/15/2025
C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has signed a contract with Shell for ROV services in the Gulf of America.
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Shah Deniz Awards Three New Contracts For Compression Project
10/14/2025
The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project.
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Shell Invests In Nigeria Offshore Gas Development
10/14/2025
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
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API President & CEO Mike Sommers Highlights America's New Era Of Energy Leadership At Drake Energy Security Forum
10/14/2025
Speaking at the historic Drake Well Museum — the birthplace of modern energy — American Petroleum Institute (API) President and CEO Mike Sommers today called for a new era of American energy leadership focused on innovation, infrastructure, and the ability to build.
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OGCI Annual Report Marks Further Progress Reducing Emissions And Driving Momentum Across The Oil And Gas Sector
10/14/2025
The Oil and Gas Climate Initiative’s (OGCI) annual report published Tuesday highlights member companies’ continued progress reducing emissions, advancing low-carbon solutions, and forging global partnerships to accelerate industry-wide decarbonization.
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Valaris Announces Contract Award For Drillship VALARIS DS-12
10/13/2025
Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt.