Eni has made a significant gas discovery offshore Indonesia, reinforcing the Kutei basin’s status as one of Southeast Asia’s most prolific deepwater plays.
Saipem has secured an early-phase subsea contract from ExxonMobil Guyana, advancing another major deepwater development in the prolific Stabroek Block.
Alberta Premier Danielle Smith and South Korea’s Customs Commissioner Myeong-ku Lee have signed an agreement to waive a 3% tariff on crude exports from Alberta to South Korea, the Government of Alberta announced on Tuesday.
President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart.
Innovex International has completed its acquisition of Drilling Innovative Solutions (DIS), adding a suite of downhole tools aimed at improving drilling and cementing efficiency.
Halliburton signaled early signs of a North America recovery while maintaining international growth momentum, even as geopolitical disruptions weighed on Middle East activity in first-quarter 2026.
ASCO has secured a series of new contracts in Australia, expanding its role across offshore decommissioning, gas development and logistics support services.
VAALCO Energy has reported strong initial results from its ongoing offshore Gabon drilling campaign, while progressing additional development activity and a planned production restart offshore Côte d’Ivoire.
Woodside Energy Group Ltd has awarded Green Tug Towing, a joint venture of Harbor Docking & Towing and Saltchuk Marine, a contract of over AUD 300 million ($214.72 million) to build four tugs for the Louisiana LNG project.
North America dropped seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on April 17.