Oil and Gas

The company extends its wireline services agreement in Norway, projecting revenues of up to 9% in well services.

Shell transfers Jiffy Lube and PVA to Monomoy as part of its strategy to focus investments on higher-return assets.

Woodside and PEMEX are drilling 24 deepwater wells with an eye on first oil in 2028.

Equinor reinforces its energy leadership with new operational finds in strategic areas of Troll and Sleipner in the North Sea.

The four affected assets remain under contract and have all relevant insurance coverage.

Iran's blockade of the Strait of Hormuz drives up logistics costs and threatens global food production due to nitrogen fertilizer shortages.

The new electric compression at Moomba will reduce emissions, improve production, and guarantee supply in South Australia for decades.

The ET-14P well turned out to be a dry hole, so Vaalco will sidetrack its drilling toward a previously confirmed productive area.

Three new wells at Manora boost Valeura's production and open new oil zones in the Gulf of Thailand.

Chevron secures gas supply to stabilize the power grid in remote areas of Western Australia.