Current Headlines

  1. 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.

  2. 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%).

  3. 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.

  4. 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.

  5. 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.

  6. AI-Powered Oil Spill Prediction System Improves Accuracy By Up To 25%, With Significant Potential To Enhance Emergency Response 10/2/2025

    Oil spills can be among the most devastating environmental disasters, with the potential to severely damage marine ecosystems, disrupt coastal communities, and impose lasting economic damage.

  7. Berkshire Hathaway Inc. To Acquire OxyChem 10/2/2025

    Berkshire Hathaway and Occidental today announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7B, subject to customary purchase price adjustments.

  8. Transocean Ltd. Announces $243M In Exercised Options For Ultra-Deepwater Drillships 10/1/2025

    Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog.

  9. WaterTectonics And Clearvale Capital Launch WT Oil & Gas: Delivering High-Volume Produced Water Recycling And Reuse Across The Permian Basin 10/1/2025

    WaterTectonics, in partnership with Clearvale Capital, is pleased to announce the launch of WT Oil & Gas, a new subsidiary formed to deliver high-volume, high-performance water treatment solutions to the oil and gas industry.

  10. Unit Corporation Announces Sale Of Its Contract Drilling Business 10/1/2025

    Unit Corporation (Company) today announced that it signed and simultaneously closed a definitive agreement to sell its wholly-owned contract drilling subsidiary, Unit Drilling Company, to Cactus Drilling Company, L.L.C. in an all-cash deal for $120M.