World Oil

@Shell has selected @newwaveoffshore to provide marine warranty survey services for the Orca project in #Brazil’s pre-salt Santos basin worldoil.com/news/2026/5/11…

The @IPAAaccess backed the #Trump administration’s decision to rescind the BLM public lands rule, arguing the rollback restores regulatory certainty for #oilandgas producers operating on federal lands. worldoil.com/news/2026/5/11…

@IEA Executive Director Fatih Birol warned that the #Iran war and prolonged Strait of #Hormuz closure may permanently undermine confidence in one of the world’s most critical oil and LNG shipping routes. worldoil.com/news/2026/5/11…

@Seadrill added more than $860 million to its offshore #drilling backlog during first-quarter 2026, driven by new #deepwater rig awards in #Brazil, the U.S. Gulf and #Angola. worldoil.com/news/2026/5/11…

Expanding on the benefits of #autonomousdrilling, @bakerhughesco Senior V.P. Jim Sessions says a new service offers integrated planning, execution, monitoring and optimization to help deliver a complete digital well construction ecosystem. read.nxtbook.com/gulf_energy_in…

Recent projects offshore #Angola and #Congo show how adaptable flex‑lay systems can streamline execution across varied water depths while reducing engineering time and mobilization costs. #Exclusive @MaritimeDev read.nxtbook.com/gulf_energy_in…

#Nigeria has captured 40% of Africa’s upstream FIDs following energy sector reforms aimed at improving fiscal terms, contracting speed and regulatory clarity. worldoil.com/news/2026/5/9/…

#Venezuela renewed its territorial claim over #Guyana’s oil-rich Essequibo region at the International Court of Justice as offshore developments led by @ExxonMobil remain central to the dispute. worldoil.com/news/2026/5/10…

@aramco reported stronger Q1 earnings as the company relied on its East-West Pipeline and export infrastructure to help offset disruptions tied to the Strait of #Hormuz crisis. worldoil.com/news/2026/5/9/…

#Deepwater is re-emerging as a critical long-term supply engine, even as global #exploration spending falls to near-record lows, according to @Welligence COO Ivan Cima at OTC 2026. worldoil.com/news/2026/5/8/…

@Shell has awarded @AudubonCo an exclusive engineering and procurement contract covering brownfield topside projects across Shell’s #deepwater assets in the U.S. Gulf. worldoil.com/news/2026/5/8/…

As global supply disruptions reshape energy markets, the Gulf of America/Mexico is reemerging as a critical source of stable offshore oil and gas production. read.nxtbook.com/gulf_energy_in… #Exclusive #RegionalReport

#OTC2026 wrapped up in Houston after four days of discussions focused on #offshore growth, #energysecurity and emerging technologies, as global supply disruptions continue to reshape industry priorities. worldoil.com/news/2026/5/8/…

SunPetro has launched #India’s first 3C MEMS nodal #seismicsurvey using Sercel WiNG technology, supporting high-resolution reservoir imaging and 4D monitoring in Gujarat. worldoil.com/news/2026/5/7/…

IEA Executive Director Fatih Birol met with Canadian officials to discuss oil and gas market disruption tied to the Strait of #Hormuz crisis and #Canada’s growing role in #globalenergy exports. worldoil.com/news/2026/5/7/…

BW Offshore has extended the FPSO BW Catcher contract through the end of 2030, adding approximately $490 million in backlog and improving redeployment flexibility. worldoil.com/news/2026/5/7/…

@Petro_Tal raised its 2026 outlook and said it is preparing to resume development drilling at #Peru’s Bretana field later this year as production stabilization efforts continue. worldoil.com/news/2026/5/7/…

@DevonEnergy and have completed their merger, creating a major U.S. #shale operator with expanded Delaware basin scale and operations spanning the Anadarko, Eagle Ford and Marcellus plays. worldoil.com/news/2026/5/7/…

The Trump administration is considering drilling for oil beneath U.S. military bases and other federal land as part of efforts to refill the depleted Strategic Petroleum Reserve. worldoil.com/news/2026/5/6/…

@Texasrrc Commissioner Wayne Christian praised record Corpus Christi export activity and rising drilling momentum as Texas producers respond to supply disruptions tied to the Iran conflict. worldoil.com/news/2026/5/6/…