Latest Headlines
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Forum Energy Technologies Secures Work-Class ROV Order
10/7/2025
Forum Energy Technologies (FET), a global leader in subsea robotics, has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system.
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EIA Adjusts Forecast For U.S. Oil Production As Producers Set A Record In July 2025
10/7/2025
The U.S. Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that U.S. crude oil production will average 13.5 million barrels per day in both 2025 and 2026, both slightly higher than the agency’s September forecast.
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Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Steady Global Economic Outlook And Adjust Production
10/5/2025
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 October 2025, to review global market conditions and outlook.
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From AI To Zero-Carbon Hydrogen: Energy Leaders Debate Digitalisation's Role On AUTOMA 2025
10/3/2025
Digital twin implementation challenges in the energy sector, smart operations for sustainability and the use of robotics – all in an agenda powered by advanced technologies. Top-level management gathers in Amsterdam 13-14 October to discuss game-changing innovations at the Oil and Gas Automation and Digitalisation Congress (AUTOMA) 2025. The event presents the optimum setting to launch the key conversations that redefine the landscape.
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API Welcomes Court Decision Reversing Offshore Leasing Ban
10/3/2025
The American Petroleum Institute (API) issued the following statement from Senior Vice President and General Counsel Ryan Meyers after a federal court ruled that the previous administration’s attempt to permanently ban new oil and natural gas activity across millions of acres of federal waters was unlawful and exceeded the statutory authority of the executive branch.
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U.S. Midstream Water Market Totals US$156B From 2025–2030, Anchored By Surging Production In The Permian Basin
10/3/2025
Water management now plays a central role in the economics of U.S. oil and gas production.
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Denmark: TotalEnergies Welcomes A Partner And Future Customer In The Bifrost CCS Project
10/2/2025
TotalEnergies, through its affiliate TotalEnergies E&P Denmark, has entered into a Farm-Down Agreement with CarbonVault, the Danish affiliate of the German cement producer SCHWENK. Under this agreement, TotalEnergies E&P Denmark will hold a 45% interest in the Bifrost Carbon Capture and Storage (CCS) Project as the operator, alongside CarbonVault (35%) and Nordsøfonden (20%).
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Eni Announces Final Investment Decision For Mozambique's Coral North Project
10/2/2025
Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique.
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SLB And SBM Offshore Agree Digital Alliance To Transform FPSO Production Performance
10/2/2025
SLB, a global energy technology company, and SBM Offshore, a global leader in Floating Production Storage and Offloading (FPSO) solutions, today announced their agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems.
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Danos Acquires Panel Specialists Inc.
10/2/2025
Danos announced today the acquisition of substantially all assets of Panel Specialists Inc, expanding its technical services in automation and panel fabrication.