News

Middle East

SLB awarded $1.5 billion, five-year contract for Kuwait’s Mutriba field

February 03, 2026

SLB has been awarded a $1.5 billion, five-year integrated development contract by Kuwait Oil Company for the next phase of the Mutriba field, covering HPHT and sour reservoirs.

U.S. moves to reopen Venezuelan oil production with new general license

February 03, 2026

TotalEnergies, KOC sign cooperation agreement on exploration studies

February 03, 2026

Devon, Coterra agree to $58-billion all-stock merger, creating major U.S. shale operator

February 02, 2026

Siemens opens Digital Industries Software office in Saudi Arabia

February 02, 2026

Tenaris awarded ultra-deepwater contracts for Phase 3 of Türkiye’s Sakarya gas development

February 03, 2026

Akrake Petroleum completes production well at Sèmè field offshore Benin

February 03, 2026

Offshore

Westwood launches MarineLogix offshore vessel intelligence platform

February 03, 2026

Natura, NGL partner on nuclear-powered produced water treatment for Permian basin

February 03, 2026

Flowco expands artificial lift portfolio with $200-million Valiant acquisition

February 02, 2026

EWTC backs Interior Department action aimed at boosting oil and gas production on federal lands

February 02, 2026

Collaboration shapes Namibia’s path toward first oil

February 02, 2026

OKEA reports new petroleum discovery near Brage field in North Sea

February 02, 2026

World Oil Forecast Breakfast marks 100 years of industry outlooks

February 02, 2026

SM Energy completes Civitas merger, expands Permian and U.S. shale footprint

January 30, 2026

Texas upstream employment rebounds in December 2025

January 30, 2026

API backs Interior effort to align commingling rules with modern drilling practices

January 30, 2026

Exxon affiliate Imperial to end Canada’s Norman Wells oil production in 2026

January 30, 2026

Saudi Arabia posts strongest GDP growth since 2022 as oil production rises

January 30, 2026

PETRONAS outlines upstream investment plans through 2028

January 30, 2026