Rosenxt has expanded its subsea inspection services for offshore structures, pipelines and cables, combining remotely operated and autonomous inspection technologies with integrity assessment and data analysis.
Norwegian ocean technology company Miros has secured more than 10 offshore technology deployments across South America during the first three quarters of 2026, with Brazil accounting for the majority of the activity.
Halliburton has signed memorandums of understanding (MoUs) with Eneva and WESCA to pursue oil and gas development opportunities in Venezuela, expanding its involvement as companies evaluate new projects in the country.
Crude oil prices, which had been falling since last week, today reversed course and made gains ahead of a UN General Assembly session that many hope will yield some progress on peace talks between the U.S. and Iran.
Gabon has signed an agreement protocol with Nigerian energy infrastructure company Oilserv, to develop and commercialise hydrocarbon reserves in Gabon’s DEF-3 and D4-5 blocks. The agreement also covers gas transportation, compression, and treatment infrastructure, intended to support thermal power generation and industrial activity in the country.
Vitesse Energy Inc said Wednesday it had consummated the purchase of a stake in Chevron Corp-operated oil and gas assets in the Denver-Julesburg Basin for $26 million. The Greenwood Village, Colorado-based company, whose business involves acquiring non-operating stakes in production or development wells led by major operators in the United States, expects the new assets […]
Oil dipped on signs that war-driven market tightness may still persist even as some supply disruptions in the Middle East ease. Global benchmark Brent fell 1% to settle under $105 a barrel, while West Texas Intermediate dipped 0.5% to settle near $102. Saudi Arabia is seeking to return about half the capacity of its key […]
DNO ASA has revised its proposed acquisition of Capricorn Energy plc to an all-cash offer, replacing the structure of the transaction originally announced Sept. 1. Under the revised terms, Capricorn shareholders will be entitled to receive the full acquisition value in cash from DNO Bidco AS, the companies said Sept. 17. DNO, DNO Bidco and […]
California Resources Corp. (CRC) has agreed to sell its Uinta basin assets to an undisclosed buyer for approximately $90 million in cash, further concentrating the company’s upstream portfolio in California. The assets were acquired through CRC’s merger with Berry Corp. and are considered non-core to the company’s operations. The transaction has an effective date of […]
Strikes on Qatar’s North Field and Iran’s South Pars have disrupted operations across the world’s largest gas resource, with about 4.5 Bcfd of Qatari gas-processing capacity affected and repairs potentially taking up to a year, according to Wood Mackenzie. North Field and South Pars form a single supergiant gas structure spanning roughly 9,000 sq km […]