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API strengthens operational safety with new frac iron standard
API establishes technical requirements for frac iron, enhancing safety in high-pressure oilfield operations.
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Equinor and ORLEN locate new gas and condensate reservoir in North Sea
The 15/8-3 S well confirmed a 95-meter hydrocarbon column in the Hugin Formation.
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Tengiz oilfield shutdown triggers official response in Kazakhstan
The temporary shutdown due to a technical failure in the turbines has halted one of the country's main sources of crude oil.
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Lime Petroleum strengthens its presence in Norway with new North Sea developments
Lime Petroleum strengthens its strategy in Norway after producing at Talisker, receiving the PL1279 license and successfully closing the Bestla campaign.
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TGS boosts exploration in Australia with new PSDM seismic reprocessing project
TGS reprocesses more than 19,000 kilometers of seismic data to redefine geologic analysis in the Bonaparte Basin.
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Sintana Energy secures exclusivity to expand in the Walvis Basin
Such exclusivity would allow Sintana to negotiate its entry as a shareholder of Paragon, thus obtaining an indirect interest in PEL 37.
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Global LNG supply market enters expansion phase with a view to 2026
Major European importers are increasing their storage capacity in preparation for winter consumption peaks.
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PetroTal adjusts its 2026 strategy with focus on liquidity and efficiency
The plan contemplates drilling in Brittany and a minimum cash reserve to ensure operational stability during the year.
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IEA projects new balance in the global oil market
Demand to grow more than expected as oversupply creates a cushion in inventories
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Halliburton announces fourth-quarter 2025 profit
During the quarter, the company's revenues amounted to US$5.7 billion, while adjusted operating margin rose to 15 %.
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Seadrill reactivates West Capella with 157 million contract in Malaysia
Offshore drilling company Seadrill Limited has announced the award of contracts for its West Capella, West Elara and West Carina vessels.
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Galp boosts upstream growth in Brazil and Namibia after restructuring
The refocusing on regions such as Brazil and Namibia is part of a strategy of geographic diversification and portfolio optimization.