The P-78 FPSO, designed to produce 180,000 b/d of oil and 7.2 million cu m/d of gas, is now operational, boosting Búzios field’s capacity.

A recent poll indicates that 79% participants believe deepwater offshore projects will see the highest investment growth in the next 2-3 years.

US crude oil inventories for the week ended Mar. 6, excluding the Strategic Petroleum Reserve, increased by 3.8 million bbl from the previous week, according to data from the US E ...

The project, involving subsea tiebacks to the existing FPSO, expands Brazilian operations for TotalEnergies as it looks ahead to startup of Atapu-2 and Sépia-2.

TXO Partners plans to streamline operations by selling assets held through a joint venture and plans to use partial proceeds to settle a deferred payment for assets acquired ...

Infinity Natural Resources Inc., Morgantown, plans to add a second rig to its operations this spring as it builds on the December acquisition of some Ohio Utica assets from Antero Resources. But ...

In the latest Gulf of Mexico lease sale, BOEM received total high bids of $46.98 million, with one bid, from bp, accounting for nearly half that amount.

While recent comments from Pres. Trump eased immediate concerns about supply disruptions, analysts warn that geopolitical risks in the Middle East remain high, and oil price ...

SLB OneSubsea will deliver subsea equipment for Malaysia's Kikeh field's second development phase, supporting PTTEP Sabah's offshore operations through 2026-2027.

Oil prices have exceeded $100/bbl as the Iran war escalates further. A few weeks' closure of the Strait of Hormuz could push ...

Seismic workloads are limited by memory, causing GPU compute units to stay idle. Dataflow computing enhances utilization and efficiency for seismic HPC workloads. Maverick-2 enables seismic ...

The Cooper basin joint venture partners have committed over $600 million to replace aging compressors with a centralized ...