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An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.

Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.

The multiyear contract with YPF includes electric pumping units and automated stimulation services.

The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.

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Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.

While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.

ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.

Thermal stimulation can accelerate the formation of shale creep barriers for long-term well integrity but only within a carefully controlled temperature window. This study identifies optimal thermal conditions for maximizing barrier performance while avoiding thermally induced shale damage.

Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.