Legal uncertainty casts shadow over Venezuelan oil opportunity
The removal of Nicolás Maduro in January marked “an important opening in the way oil business is conducted” for the …
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What is ‘Premium Content’ on Offshore Technology?
Offshore Technology has introduced new ‘Premium Content’ for its readers – here’s an explanation of what’s changing and what isn’t. Premium …
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PRC Europe 2026: how oil and gas is adapting to net zero
PRC Europe 2026 will take place in Amsterdam, the Netherlands, from 18–19 May. Delegates are set to discuss the future-proofing …
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Devon Energy completes $58bn merger with Coterra Energy
Devon Energy and Coterra Energy have completed their all-stock merger, forming a single entity under the Devon Energy name. The companies …
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Oil prices surge as US-Iran conflict threatens ceasefire
Oil prices increased on 8 May as conflicts resumed between the US and Iran, putting a fragile ceasefire at risk …
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Eni conducts drill stem test at Geliga-1 discovery in Indonesia
Eni has conducted a drill stem test (DST) at the Geliga-1 gas discovery offshore East Kalimantan, Indonesia, confirming the reservoir’s …
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Shell reports 23% increase in Q1 2026 adjusted earnings
Shell has reported adjusted earnings of $6.9bn for the first quarter of 2026 (Q1 2026), a 23.2% increase from $5.6bn …
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Western Midstream to acquire Brazos Delaware II in $1.6bn deal
Western Midstream Partners (WES) has agreed to acquire all outstanding equity interests in Brazos Delaware II, a midstream operator in …
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Expro to buy Norwegian drilling tech company Enhanced Drilling
US-based energy services company Expro Group has agreed to purchase Enhanced Well Technologies Group (Enhanced Drilling), a Norwegian drilling solution …
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Equinor’s Q1 2026 net income jumps 18% to $3.1bn
Equinor has reported net income of $3.1bn for the first quarter of 2026 (Q1 2026), an 18% increase from $2.6bn …
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Diversified, Carlyle strike $1.2bn deal for Anadarko Basin portfolio
Diversified Energy and Carlyle’s Global Credit platform have agreed to jointly acquire a portfolio of oil and natural gas assets …
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US offshore wind “not a dead industry” – Oceantic Network CEO
Offshore wind has been the target of a sustained attack throughout President Donald Trump’s second term but, speaking at the …
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Australia commits $7.2bn to expand fuel storage and refining
Australian Prime Minister Anthony Albanese has announced a package of more than A$10bn to expand domestic fuel stockpiles and create …
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Equinor and ORLEN start Eirin gas production in North Sea
Equinor, along with its partner ORLEN Upstream Norway, has begun production from the Eirin field in the Norwegian North Sea. The …
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Norway opens APA 2026 round with 70 new blocks on offer
The Norwegian Ministry of Energy has announced the 2026 Awards in Predefined Areas (APA) licensing round, offering 70 new blocks …
