New elastomer technology designed to stay in hole longer in difficult well conditions
Abaco Drilling Technologies’ HPD elastomer, featured at the 2026 IADC/SPE International Drilling Conference in Galveston, Texas, was designed to operate […]
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Abaco Drilling Technologies’ HPD elastomer, featured at the 2026 IADC/SPE International Drilling Conference in Galveston, Texas, was designed to operate […]
At the 2026 IADC/SPE International Drilling Conference in Galveston, Texas, safety equipment manufacturer Elmridge Protection showcased its iEvac E500 escape
Hedge funds and oil company executives are meeting in Venezuela as the government signals a push to reopen the economy
TotalEnergies CEO Patrick Pouyanné on the Iran war, the $1 billion deal with the White House, investment in the U.S.,
SBM Offshore has secured FEED contracts for ExxonMobil’s Longtail FPSO offshore Guyana, advancing a major gas-condensate development with high processing
EnerMech has secured a five-year contract to deliver crane management and lifting services on the Kraken FPSO in the UK
Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl
Expro will deliver geothermal well testing services for Vulcan Energy’s Lionheart project in Germany, supporting reservoir evaluation and lithium extraction
Oil States International will transition leadership as CEO Cindy Taylor retires, with CFO Lloyd Hajdik set to take over in
TotalEnergies is exiting U.S. offshore wind and redirecting capital into LNG and gas projects, including Rio Grande LNG, signaling a
Strohm has secured a contract to supply insulated thermoplastic composite pipe (TCP) production jumpers for a deepwater field extension offshore
U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed disruptions in the Strait of Hormuz as India faces
Conflicting tracking signals around an Iraqi crude tanker highlight growing uncertainty in vessel movements near the Strait of Hormuz, as
Borr Drilling entered into definitive agreements to acquire five premium jackups from Fontis Finance for a purchase price of $287
Expro is set to deliver well testing services for the first Schleidberg well as part of Vulcan Energy’s Lionheart Project
Equinor started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks
Democrats have seized on the economic disruption of the Iran war to hammer Republicans over high costs ahead of the
The move comes as part of Britain’s response to the Iran war, with the conflict triggering the largest supply disruption
Trump’s statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a
ADNOC CEO Sultan Al Jaber warned that disrupting the Strait of Hormuz amounts to “economic terrorism,” as attacks on energy