Current Headlines
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EIA Expects Low Crude Oil Prices And Declining Rig Count To Affect U.S. Crude Oil Production Trends Through 2026
6/10/2025
The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to fall to near $60 per barrel by the end of the year and to average about $59 per barrel in 2026.
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ABB Wins Electrical And Automation Contract For Next Generation Of Petrobras FPSO Vessels
6/10/2025
ABB has been awarded a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras.
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Oilfield Service Professionals And Odfjell Technology Forge Global Strategic Partnership
6/10/2025
Oilfield Service Professionals (OSP) and Odfjell Technology are pleased to announce a global strategic partnership aimed at enhancing operational performance, efficiency, and innovation across international oilfield markets.
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Veolia's Advanced Desalination Technology To Optimize Offshore Energy Production For Petrobras
6/9/2025
Veolia, through its Water Technologies & Solutions business unit, has secured a multi-million dollar contract from Seatrium to provide advanced seawater desalination solutions for two major floating production storage and offloading platforms (FPSO) in one of Brazil’s largest offshore developments.
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EPA Proposes To Approve Texas' Application To Administer Class VI Underground Injection Well Program
6/9/2025
Today, U.S. Environmental Protection Agency (EPA) announced its proposed approval of Texas’ request to administer permitting under the Safe Drinking Water Act (SDWA) for Class VI underground injection wells in the state.
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Subsea7 Awarded Contract Offshore Trinidad And Tobago
6/9/2025
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.
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EZ Ops Announces Customer Advisory Board
6/9/2025
EZ Ops, a division of Detechtion Technologies and a leading provider of mobile oilfield management solutions, today announced the creation of a Customer Advisory Board (CAB) to further advance mobile solutions and digitalization in the oilfield.
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Halliburton To Optimize Remaining Potential Of The UK North Sea In Collaboration With Repsol Resources UK
6/9/2025
Repsol Resources UK awarded Halliburton a 5-year contract to support the full well lifecycle on their platform assets in the UK North Sea.
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Höegh Evi And Aker BP Receive DNV Approval In Principle For Next-Generation CO2 Carrier
6/6/2025
Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier.
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MVW Signs Green De-Oiler Technology Trial Agreement With A Major O&G Producer In The Sultanate Of Oman
6/5/2025
M Vest Water announces that a major Oil & Gas producer in Oman has decided to qualify NORWAFLOC. The qualification will take place at the oil field, which is the largest Produced Water contributor in Oman.