| | | | | | The Papua LNG project is shifting as TotalEnergies hands over operatorship to ExxonMobil and reduces its interest. The company said the move aligns operations with the nearby PNG LNG project and moves the project closer to a financial investment decision. |
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| | | McDermott’s scope of work covers project management, engineering, procurement, and installation support from its global teams for four subsea wells anticipated to produce up to 500 MMcfd of natural gas that will be transported via pipelines to Egypt for processing and subsequent export to international markets. |
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| | OPEC+ will maintain current oil production levels through October as it prepares for negotiations to establish sustainable, long-term production baselines for 2027 amid ongoing geopolitical conflicts and supply disruptions that continue challenging the group’s influence over physical oil supply. |
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| Arena Energy has contracted White Fleet Drilling to operate the WFD 450 jack-up rig, which aims to expand access to deep reserves in a multi-well drilling project planned for Arena's Gulf of Mexico leasehold. |
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| | | | Enbridge is preparing for a leadership transition with Michele Harradence set to become CEO in 2027, succeeding Greg Ebel who will retire at year's end. |
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| | | | Sponsored | | Authoritative technical books trusted by engineers and energy professionals worldwide. As the home of books from the Society of Petroleum Engineers, Chemical Engineering Magazine, and POWER Magazine, PennWell Books delivers expert insights across oil & gas, power generation, utilities, and emerging energy technologies—helping professionals solve complex challenges and strengthen their expertise. |
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| | | | Crude prices climbed to their highest levels since mid-June this week as renewed US-Iran tensions heightened concerns over Middle East supply disruptions, while a larger-than-expected US inventory draw and continued SPR declines added further bullish momentum. |
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| | | | | | Oil & Gas Journal ReEnterprised podcast |
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| | | | Offshore operations are increasingly automated and connected, pushing energy companies to face a growing mix of cyber and physical threats. |
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