Viridien has launched an 18-month subsurface study covering approximately 60,000 km² of onshore Sabah, working with Petronas to assess hydrocarbon prospectivity and identify potential oil and gas ...

A new U.S.-Venezuela oil agreement covers 17 fields containing approximately 65 Bbbl of proven reserves, with North American ...

Two oil supertankers attempting to exit the Strait of Hormuz were reportedly struck by projectiles as renewed U.S.-Iran ...

Chevron is nearing a deal to operate two giant oil fields holding billions of barrels of heavy oil in Venezuela’s Orinoco ...

Subsea Cable Assets has launched a cable carousel rental service with new 4,000- and 6,000-ton systems for handling cables, ...

Helix shareholders have approved the company's all-stock combination with Hornbeck Offshore Services, clearing the way for ...

SLB will acquire thermal management provider Kelvion in a $4.1-billion deal, significantly expanding its data center ...

The Railroad Commission of Texas has named David Lindley director of its Oil and Gas Division, which oversees oil and natural gas exploration, production, permitting and field operations across the ...

(WO) — Subsea integrity software provider Elementz and FutureOn have signed a co-creation agreement to integrate subsea inspection and integrity data into FutureOn’s FieldTwin Operate digital twin ...

(Bloomberg) – OPEC’s decades-long influence over global oil markets is facing renewed pressure as founding member Venezuela considers leaving the producer group, just months after the United Arab ...

(WO) — Etu Energias has signed an agreement to acquire Chevron’s interests in two producing deepwater blocks offshore Angola for $260 million, giving the Angolan company a majority interest in Block ...

(Bloomberg) – The U.S. is in talks with Venezuela to take a large stake in its oil fields, a dramatic move by the Trump administration to extend its influence on the post-Maduro government and the ...