Current Headlines
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Subsea7 Awarded Contract Offshore Norway
5/19/2025
Subsea 7 today announced the award of a contract by the operator ConocoPhillips Skandinavia AS (ConocoPhillips) for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway.
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Halliburton Launches EarthStar 3DX Horizontal Look-Ahead Resistivity Service To Unlock Reservoir Potential
5/19/2025
Halliburton launched EarthStar 3DX, the industry's first 3D horizontal look-ahead resistivity service.
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Canada: TotalEnergies Signs An Agreement To Export 2 Mtpa Of LNG For 20 Years From The Ksi Lisims LNG Project
5/19/2025
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 Mtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project.
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ADNOC And Tubacex Sign Agreement To Localize Oilfield Technology In The UAE
5/19/2025
ADNOC announced today the signing of a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, to localize critical oilfield technology, enhancing the resilience of the UAE’s industrial base.
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API Urges House To Pass Budget Reconciliation
5/19/2025
The American Petroleum Institute issued the following statement from President and CEO Mike Sommers urging the U.S. House of Representatives to support American energy leadership and pass the budget reconciliation.
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Sable Offshore Corp. Reports Restart Of Oil Production At The Santa Ynez Unit And Anticipated Oil Sales From The Las Flores Pipeline System In July 2025
5/19/2025
Sable Offshore Corp. (“Sable,” or the “Company”) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit (“SYU”) and has begun flowing oil production to Las Flores Canyon (“LFC”).
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RRC Issues Enhanced Guidelines For Permian Basin Disposal Wells
5/16/2025
Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian Basin.
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EOG Resources Awarded Onshore Concession To Explore And Appraise Unconventional Shale Block In The UAE
5/16/2025
EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA).
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Occidental And ADNOC's XRG Agree To Evaluate Joint Venture To Develop South Texas Direct Air Capture Hub
5/16/2025
Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas.
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ABB And Somas Celebrate 20 Years Of Successful Collaboration In Valve Manufacturing
5/15/2025
Somas Instrument AB is a Swedish manufacturer of high-quality valves, specialized in industrial applications such as flow control for the pulp and paper, marine and other industries. The company serves customers globally out of its headquarters near Karlstad in the south of Sweden.