World Oil

SBM Offshore has received an ABS Statement of Maturity for its seawater intake riser technology, a system designed to improve #FPSO cooling efficiency and reduce fuel gas consumption and emissions in #offshore operations. worldoil.com/news/2026/5/26…

Northern Oil and Gas is expanding into Canada through a new Duvernay shale acquisition in #Alberta, adding 75,000 net acres and more than 500 gross drilling locations in one of North America’s leading light oil plays. #Duvernay #shale #oilandgas #Canada worldoil.com/news/2026/5/26…

@DalhousieU has launched a second industry participation round for #NovaScotia’s subsurface energy research program as the province continues evaluating the potential of onshore #naturalgas resources. worldoil.com/news/2026/5/25…

Ammat Global Resources has increased production capacity at #Congo’s offshore Loango and Zatchi fields through workovers, ESP upgrades and #subsea modernization—highlighting the growing role of #brownfield redevelopment in Africa’s #offshore sector. worldoil.com/news/2026/5/25…

@aramco 's Khalid Y. Al Qahtani outlines how the company is deploying satellites, drones and advanced digital monitoring tools to detect #methane emissions and strengthen leak detection efforts across its operations. read.nxtbook.com/gulf_energy_in…

JUST IN -- @bp_plc has removed Chair Albert Manifold with immediate effect following governance oversight and conduct concerns raised by the company’s board worldoil.com/news/2026/5/26…

#Canada’s energy minister said #oilsands producers can absorb the costs of the proposed Pathways #carboncapture project, even as companies continue raising concerns about carbon pricing and global competitiveness. worldoil.com/news/2026/5/25…

@CondorEnergies has exceeded 15,000 boed of production at its #Uzbekistan gas project following the startup of the K-47 horizontal well worldoil.com/news/2026/5/25…

Oil prices fell Monday as senior U.S. officials gave further, positive signals on progress toward a deal with #Iran to reopen the Strait of Hormuz. #oilprices #Hormuz worldoil.com/news/2026/5/25…

Eni and its partners have approved the #Baleine Phase 3 offshore development in Côte d’Ivoire, a project expected to raise oil production to 150,000 bopd and expand domestic #naturalgas supply through a new #FPSO installation. worldoil.com/news/2026/5/25…

@energy_african is promoting new upstream investment opportunities across Africa to South American operators, highlighting #LNG expansion, #shale gas development and frontier #exploration activity across the continent. worldoil.com/news/2026/5/22…

🎙️NEW PODCAST! In this episode, World Oil sat down with Ron Beck to explore @AspenTech's #subsurface intelligence (ASI), an AI-powered environment transforming upstream #oilandgas exploration. LISTEN: podcast.show/worldoildeepdi…

After a long period in the regulatory “wilderness,” East Canada’s Nova Scotia province looks to make up for lost time in developing its oil and gas potential. #Exclusive #NovaScotia #oilandgas #oilexploration read.nxtbook.com/gulf_energy_in…

U.S. and Iranian negotiators are reportedly nearing a framework that could reopen the Strait of #Hormuz, though major disagreements over sanctions and uranium enrichment remain unresolved. worldoil.com/news/2026/5/24…

@Subsea7Official has secured a substantial offshore #Norway contract from Vår Eneri for the #Goliat Gas Export Project in the Barents Sea, including pipeline installation and subsea infrastructure work tied to the #HammerfestLNG system. worldoil.com/news/2026/5/22…

@Oceaneering has secured an integrated offshore installation contract for the West Delta Deep Marine #gasfield development offshore #Egypt. worldoil.com/news/2026/5/21…

A federal oil and gas lease sale covering #Permian basin acreage in Texas and New Mexico generated more than $4 billion, marking the largest onshore lease auction in U.S. history worldoil.com/news/2026/5/22…

The U.S. oil #rigcount posted its largest weekly increase since 2022 as rising crude prices tied to #MiddleEast tensions and the Strait of #Hormuz disruption boosted #shale drilling activity, particularly in Texas. worldoil.com/news/2026/5/22…

Noble Corporation has appointed @Halliburton Chairman, President and CEO Jeff Miller to its board of directors, adding additional oilfield services and offshore industry leadership experience to the company’s board. worldoil.com/news/2026/5/22…

@WeatherfordCorp has secured a #deepwater integrated #completions contract from ExxonMobil affiliate Esso Exploration & Production Nigeria to support offshore #Nigeria well construction and completions operations. worldoil.com/news/2026/5/21…