Oil and Gas
Archer Secures Operational Continuity on the Norwegian Continental Shelf
The company extends its wireline services agreement in Norway, projecting revenues of up to 9% in well services.
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Oil and Gas
Shell Restructures Portfolio and Sells Jiffy Lube to U.S. Fund
Shell transfers Jiffy Lube and PVA to Monomoy as part of its strategy to focus investments on higher-return assets.
Oil and Gas
Trion drilling commencement boosts energy development in Mexico
Woodside and PEMEX are drilling 24 deepwater wells with an eye on first oil in 2028.
Oil and Gas
Equinor boosts its energy leadership with new finds in the North Sea
Equinor reinforces its energy leadership with new operational finds in strategic areas of Troll and Sleipner in the North Sea.
Oil and Gas
Borr Drilling announces operations suspension for safety reasons in the Persian Gulf
The four affected assets remain under contract and have all relevant insurance coverage.
Oil and Gas
Strait of Hormuz Closure Drives Up Global Urea and Crude Prices
Iran's blockade of the Strait of Hormuz drives up logistics costs and threatens global food production due to nitrogen fertilizer shortages.
Oil and Gas
Santos Approves Investment to Modernize Moomba
The new electric compression at Moomba will reduce emissions, improve production, and guarantee supply in South Australia for decades.
Oil and Gas
Vaalco adjusts drilling in Gabon after dry hole discovery
The ET-14P well turned out to be a dry hole, so Vaalco will sidetrack its drilling toward a previously confirmed productive area.
Oil and Gas
Valeura Energy Increases Oil Production in Thailand
Three new wells at Manora boost Valeura's production and open new oil zones in the Gulf of Thailand.
Oil and Gas
Chevron to supply gas to Horizon Power in Western Australia
Chevron secures gas supply to stabilize the power grid in remote areas of Western Australia.
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