Restarting idle wells requires understanding of integrity risks, infrastructure readiness
As markets seek additional near-term supply amid geopolitical conflicts, operators are revisiting dormant and underutilized assets, such as idle or […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Block Energy enters offshore Gabon with Ndjila and Mpari PSC deal
Block Energy is entering the offshore Gabon upstream sector through an investment tied to the Ndjila and Mpari PSCs, adding
MODS renews digital project delivery contract with CB&I Asset Solutions
MODS has renewed its offshore digital project delivery agreement with CB&I Asset Solutions, extending deployment of the MODS Connect software
Ned Marine adds subsea ROV and aerial drone inspections to NDT portfolio
Ned Marine has launched drone and subsea ROV inspection services for offshore and marine assets, expanding its NDT capabilities with
Petralon boosts Nigeria’s Dawes Island production to 4,800 bopd
Petralon Energy has increased production at Nigeria’s Dawes Island field to approximately 4,800 bopd following startup of the DI-3 well,
Iraqi supertanker turns back near U.S. blockade in Strait of Hormuz
An Iraqi oil supertanker reversed course near the U.S. naval blockade line in the Strait of Hormuz as commercial shipping
OEG to support Bass Strait offshore drilling operations through 2036
OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply,
Angola’s Block 2/05 advances with successful Espadarte appraisal well
Etu Energias and partners successfully completed the Espadarte 7ST2 appraisal well in Angola’s Lower Congo basin, with initial testing delivering
Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026
Dolphin Drilling’s deepwater semisubmersible Blackford Dolphin will continue its drilling contract for Oil India Limited through the end of July
OEG secures contract extension to support Bass Strait offshore operations through end of field life
OEG secured a multi-year contract extension with an unnamed global operator to support offshore drilling operations in Australia’s Bass Strait
TotalEnergies, QatarEnergy, ConocoPhillips sign MoU with Syria’s SPC for Mediterranean exploration
TotalEnergies, together with partners QatarEnergy and ConocoPhillips, signed a memorandum of understanding with the Syrian Petroleum Company (SPC) for the
Analysis: Iran war hangs over Trump’s China trip — and his presidency
There is no quick fix to the economic and political damage from the war.
India’s inflation in April rises for sixth straight month, but undershoots estimates
Disruptions from the Middle East conflict pose a risk to India’s economic growth and inflation.
Behind Big Oil’s first-quarter beat: The quiet rise of trading desks
Europe’s oil supermajors highlighted trading contributions as they reported stronger-than-expected profits through the first three months of the year.
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump’s comments that the ceasefire with
Shell awards Orca project marine warranty survey contract in Brazil pre-salt
Shell has selected New Wave Offshore Energy to provide marine warranty survey services for the Orca project in Brazil’s pre-salt
Deepwater, LNG infrastructure to drive Africa’s next energy expansion cycle
Deepwater projects, LNG infrastructure and gas-to-power investments are expected to drive Africa’s next energy growth cycle, as S&P Global analysts
IPAA backs Trump administration rollback of BLM public lands rule
The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s public lands
Saudi Aramco CEO says oil market won’t normalize until 2027 if Hormuz disruption persists
Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.
Trump, congressional Republicans float suspending federal gas tax amid Iran war
Voters are souring on Trump’s economy ahead of the 2026 midterm elections, and high gas prices are only adding to