Current Headlines
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ExxonMobil Guyana Begins Production At Fourth Offshore Guyana Project
8/8/2025
ExxonMobil Guyana started production today at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block.
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Danos Acquires Wood's Onshore Oil And Gas Labor Supply Operations In The U.S.
8/7/2025
On June 30, 2025, Louisiana-based energy services company Danos finalized the acquisition of John Wood Group PLC’s (“Wood”) onshore oil and gas labor supply operations in the U.S.
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AIQ And SLB To Advance Development And Deployment Of Agentic AI Solution Across ADNOC's Subsurface Operations
8/7/2025
Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, will closely collaborate to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations.
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Yinson Production Acquires FPSO Atlanta Project Loan
8/6/2025
Yinson Production (the “Company”) is pleased to announce that it has agreed to and successfully completed the buy-out of the project loan related to FPSO Atlanta from Brava Energia S.A. (“Brava”).
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Occidental Announces Further Progress On Asset Sales And Debt Reduction
8/6/2025
Occidental today announced it has signed four agreements to divest select Permian Basin assets, generating approximately $950M in proceeds to be used for debt reduction
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TCS Extends Partnership With Weatherford International To Enable AI Driven Business Transformation
8/5/2025
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has secured a five-year renewal and expansion of its contract with Weatherford International, a multinational oilfield service company headquartered in North America.
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MedcoEnergi Exceeds Target, Reduces More Than 1.5 Million Tons Of CO2e Ahead Of Schedule
8/4/2025
PT Medco Energi Internasional Tbk (MedcoEnergi) has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline.
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Offshore Water Treatment Chemicals To Reach USD 3.7 Billion By 2033
7/31/2025
According to Research Intelo, the offshore water treatment chemicals market size reached USD 2.1 billion globally in 2024, driven by stringent environmental regulations and the increasing complexity of offshore oil and gas operations.
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Woodside To Lead A New Chapter At Bass Strait
7/31/2025
From an eager but initially unsuccessful junior explorer, born in Victoria in 1954, Woodside found its feet in Western Australia in the early 1970s.
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Completion Of Strategic Merger With NEO Energy
7/30/2025
The strategic merger between Repsol Resources UK and NEO Energy was completed today.