Latest News

Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.

New funding aims to launch up to seven pilots to help expand the deployment of enhanced geothermal systems.

QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.

The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.

Namibia, Brazil, and Algeria scored major discoveries in 2022 as the industry drilled fewer exploration wells but found better and larger prospects.

The Offshore Technology Conference has announced the recipients of the 2023 Distinguished Achievement Awards.

State of Energy report also sees a widening role for natural gas due to robust global LNG demand.

Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.

Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.

Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.

Rate transient analysis has been challenged in every sense of the word when it comes to tight reservoirs. An ongoing joint industry project aims to turn that around.

A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat…