mark

SLB OneSubsea and Subsea7 were awarded an engineering, procurement, construction and installation contract for BP’s Ginger project off the southeast coast of Trinidad.

In the midst of a global energy transition, offshore oil and gas production continues to not only be viable, but essential, says Rystad Energy.

Devon Energy will sell its 12.5% stake in the Matterhorn Express following a report that I Squared Capital was interested in buying a majority stake in the pipeline.

IOG Resources III Holdings LLC, again backed by First Reserve, has an investment target ranging from approximately $50 million to $200 million.

U.S. production of sustainable aviation fuel (SAF) is growing exponentially as major new projects ramp up.

The Constitution gas line into New England was canceled in 2020 after lengthy regulatory and court battles. Coterra Energy’s chief confirmed May 6 that talks to resume it are “seriously” underway.

The floating production unit, which is expected to produce 120,000 bbl/d of oil, was in the final stage of being hooked up and commissioned.

SLB’s Electris system promises “fewer requirements for costly well interventions” and has been installed more than 100 times in five countries.

Rising Phoenix CEO Jace Graham told Hart Energy the acquisition of ConocoPhillips’ Midland Basin interests adds cash flow and upside as the firm continues to make deals in the Permian.

Volatility in 2025 has created a ‘temporary blip,’ in the market, but amid commodity price turmoil Weatherford CEO Girish Saligram sees pockets of strength in the global oil market.