Industry Trends
News
March 23, 2026
On Day 1 of CERAWeek, U.S. Energy Secretary Chris Wright outlined a policy shift focused on expanding domestic production, accelerating LNG exports and deploying strategic reserves, as Washington moves to stabilize markets amid geopolitical tensions and rising global energy demand.
News
March 23, 2026
TotalEnergies is exiting $1 billion in U.S. offshore wind leases and redirecting capital toward LNG and oil investments, signaling a policy-driven shift in energy priorities as Washington pushes for expanded fossil fuel development.
News
March 23, 2026
Cognite and NVIDIA are deploying NV-Tesseract AI models with Aker BP to enhance anomaly detection and predictive maintenance across offshore operations, enabling earlier fault detection, reduced downtime and improved asset reliability in oil and gas.
Article
March
To deal with challenging formations while boosting efficiencies and keeping costs down, equipment manufacturers have introduced a host of new bits and technologies. The innovations even extend into geothermal drilling. This round-up of bit innovations examines the individual products and their features.
News
March 20, 2026
A Bain & Company survey of 800+ executives shows energy leaders divided on transition investments and peak oil timing, as policy uncertainty, rising costs and AI-driven power demand reshape capital allocation across oil, gas and utilities.
News
March 20, 2026
North Africa’s growing electricity infrastructure and cross-Mediterranean interconnectors are emerging as a new energy link to Europe, complementing LNG and pipeline gas supplies as the region seeks diversified, lower-carbon energy sources.
News
March 19, 2026
Automation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026, hosted this year in Galveston, Texas. As operators across the drilling value chain seek greater efficiency, A.I. and its many applications in automation offer a path to a new era of energy efficiency.
News
March 19, 2026
Danos reported its lowest Total Recordable Incident Rate (TRIR) on record in 2025, achieving 0.07 across more than 11.5 million work hours, reflecting strong safety performance across its oilfield services operations.
News
March 16, 2026
The Offshore Technology Conference (OTC) has announced the winners of its 2026 Spotlight on New Technology Awards, recognizing 17 innovations in offshore drilling, subsea systems, AI and well construction technologies.
News
March 13, 2026
U.S. marketed natural gas production reached a record 118.5 Bcf/d in 2025, according to the EIA. Growth was led by the Appalachia, Permian and Haynesville regions, which together accounted for more than two-thirds of total U.S. gas output.
News
March 12, 2026
World Oil/Gulf Energy Information’s Deepwater Development Conference wrapped up its highly successful three-day stand in Lisbon on Thursday. The final day featured a keynote address, one panel solo speakers, and three themed technical sessions. The participants were a good combination of operators and service companies.
News
March 11, 2026
World Oil/Gulf Energy Information’s Deepwater Development Conference continued in high gear in Lisbon on Wednesday, featuring a Contractors’ Panel, two solo speakers, and three themed technical sessions. The participants represented a wide mix of service companies and operators.
News
March 04, 2026
Equinor and Hydromea have demonstrated the first real-time subsea wireless data transmission from the seabed directly to cloud infrastructure, marking a major step toward autonomous subsea operations and digital offshore asset monitoring.
News
March 03, 2026
Subsea7 has named Seaway7 CEO Stuart Fitzgerald as its next chief executive, succeeding John Evans upon his retirement in June 2026, as the offshore engineering firm prepares for its planned merger with Saipem.
News
February 20, 2026
Ecopetrol reported 1.94 Bboe in proved reserves at year-end 2025 and a 121% reserve replacement ratio, driven by enhanced recovery projects and improved field performance across key Colombian assets. The company’s average reserve life now stands at 7.8 years.
News
February 19, 2026
TIPRO has launched the Power Texas program with Arise Energy, offering Texas oil and gas operators access to competitive electricity procurement tools as power demand and electrification drive higher operating costs across the state.
News
February 19, 2026
Guyana is ramping up infrastructure, gas-to-shore and economic diversification efforts as offshore oil production surges from Exxon-operated fields. President Irfaan Ali says the country aims to avoid the resource curse while accelerating long-term growth.
News
February 17, 2026
Fulkrum has opened a Bogotá office to support upstream oil and gas and new energy projects across Colombia and South America, providing inspection, technical staffing and asset integrity services.
News
February 13, 2026
Halliburton has launched the XTR CS injection system, a wireline-retrievable safety valve designed to improve reliability and performance in CCUS and CO₂ injection wells operating under extreme conditions.
News
February 11, 2026
Baker Hughes is exploring a potential $1.5-billion sale of its Waygate Technologies industrial inspection unit as part of a broader portfolio review following its acquisition of Chart Industries.
News
February 04, 2026
The 2026 Global Energy Talent Index (GETI) shows the oil and gas sector facing mounting hiring challenges, as an aging workforce, reduced global mobility and slower AI adoption tighten the industry’s talent pipeline.
