The Errea Wittu FPSO, delivered by MODEC Inc., is set to operate offshore Guyana, producing 250,000 b/d of oil and processing 540 MMcfd of gas. Designed to support ExxonMobil’s Stabroek project, the FPSO is equipped with advanced AI features to help prevent equipment failures and reduce emissions.

Through this deal and other expansion moves over the last year, Continental Resources continues to build its Permian basin position, increasing its acreage by more than 40%.

Zephyr Energy has approved additional funding to enhance engineering and well work for its Paradox basin gas project in Utah, aiming for higher initial production rates.

Discover how direct in-line Process Raman measurement helps refiners maintain tighter control of fuels and lubricants while reducing operating complexity and costs. In this webinar, you'll see real-world applications for monitoring key quality parameters—including API gravity, RON, RVP, cetane, and flash point—with continuous, maintenance-friendly ...

The companies signed a heads of agreement that would see Continental take a 50% stake in Phoenix Global Resources' Vaca Muerta assets in Argentina under a JV operating company with assets expected to qualify for the country's RIGI framework.

Venezuela’s energy recovery will require capital, technology, experienced talent and responsible partnerships. Houston is uniquely positioned to help transform the country’s enormous potential into executable, compliant projects.

The shift towards longer lateral wells, with an average increase of 77% over a decade, has optimized reservoir contact, contributing to a 284% rise in Permian basin hydrocarbon output from 2015 to 2025.

Petrobras has identified hydrocarbons in deepwater Block FZA-M-59 about 175 km offshore Amapá, Brazil.

This deal follows plans to increase production and diversify the portfolio, the company said.

The operator will collaborate with XRG and UCC Oil, with each company holding a 33.3% interest for the second phase development of Loran gas field offshore Venezuela.

Emerson has served as the main automation contractor for the Shah Deniz development for over a decade.

Zenith Energy Australia will be lead contractor for phase 2 of the Northern Endeavour decommissioning, focusing on plugging and abandoning nine subsea wells in the Laminaria-Corallina oilfields.