Industry Trends
News
March 16, 2026
The Offshore Technology Conference (OTC) has announced the winners of its 2026 Spotlight on New Technology Awards, recognizing 17 innovations in offshore drilling, subsea systems, AI and well construction technologies.
News
March 13, 2026
U.S. marketed natural gas production reached a record 118.5 Bcf/d in 2025, according to the EIA. Growth was led by the Appalachia, Permian and Haynesville regions, which together accounted for more than two-thirds of total U.S. gas output.
News
March 12, 2026
World Oil/Gulf Energy Information’s Deepwater Development Conference wrapped up its highly successful three-day stand in Lisbon on Thursday. The final day featured a keynote address, one panel solo speakers, and three themed technical sessions. The participants were a good combination of operators and service companies.
News
March 11, 2026
World Oil/Gulf Energy Information’s Deepwater Development Conference continued in high gear in Lisbon on Wednesday, featuring a Contractors’ Panel, two solo speakers, and three themed technical sessions. The participants represented a wide mix of service companies and operators.
News
March 04, 2026
Equinor and Hydromea have demonstrated the first real-time subsea wireless data transmission from the seabed directly to cloud infrastructure, marking a major step toward autonomous subsea operations and digital offshore asset monitoring.
News
March 03, 2026
Subsea7 has named Seaway7 CEO Stuart Fitzgerald as its next chief executive, succeeding John Evans upon his retirement in June 2026, as the offshore engineering firm prepares for its planned merger with Saipem.
News
February 20, 2026
Ecopetrol reported 1.94 Bboe in proved reserves at year-end 2025 and a 121% reserve replacement ratio, driven by enhanced recovery projects and improved field performance across key Colombian assets. The company’s average reserve life now stands at 7.8 years.
News
February 19, 2026
TIPRO has launched the Power Texas program with Arise Energy, offering Texas oil and gas operators access to competitive electricity procurement tools as power demand and electrification drive higher operating costs across the state.
News
February 19, 2026
Guyana is ramping up infrastructure, gas-to-shore and economic diversification efforts as offshore oil production surges from Exxon-operated fields. President Irfaan Ali says the country aims to avoid the resource curse while accelerating long-term growth.
News
February 17, 2026
Fulkrum has opened a Bogotá office to support upstream oil and gas and new energy projects across Colombia and South America, providing inspection, technical staffing and asset integrity services.
News
February 13, 2026
Halliburton has launched the XTR CS injection system, a wireline-retrievable safety valve designed to improve reliability and performance in CCUS and CO₂ injection wells operating under extreme conditions.
News
February 11, 2026
Baker Hughes is exploring a potential $1.5-billion sale of its Waygate Technologies industrial inspection unit as part of a broader portfolio review following its acquisition of Chart Industries.
News
February 04, 2026
The 2026 Global Energy Talent Index (GETI) shows the oil and gas sector facing mounting hiring challenges, as an aging workforce, reduced global mobility and slower AI adoption tighten the industry’s talent pipeline.
News
February 02, 2026
World Oil marked a milestone in its annual Forecast Breakfast series on Friday, celebrating 100 years of forecasting and its 58th Forecast Breakfast event, with industry leaders offering a clear-eyed view of global energy demand, U.S. shale productivity, regulatory challenges and the year ahead for drilling activity.
News
February 02, 2026
Flowco Holdings agreed to acquire Valiant Artificial Lift Solutions for about $200 million, expanding its ESP and artificial lift capabilities across the Permian basin.
News
January 30, 2026
Texas upstream oil and gas employment rose in December 2025 as extraction and support services added jobs, TIPRO reported, though full-year employment remained largely flat amid market volatility and efficiency gains.
News
January 27, 2026
Cognite has partnered with Snowflake to help oil and gas operators deploy industrial AI at scale by unifying IT, OT and operational data to improve asset performance, resilience and operational decision-making.
News
January 23, 2026
Abu Dhabi School of Management and Saal.ai have formed a strategic partnership to integrate AI-driven decision intelligence into leadership and executive education programs.
News
January 23, 2026
Upstream operators are accelerating adoption of AI, automation and predictive maintenance software to modernize assets and boost reliability. New ISG research highlights how digital platforms are reshaping oil and gas operations.
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