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Shell, Equinor Complete Formation of JV Company Adura, UK’s Largest Independent North Sea Producer
May 14, 2026
Shell and Equinor have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the largest independent producer in the UK North Sea. Neil McCulloch, who will
Kongsberg Digital, AIQ Enter Collaboration Agreement to Drive AI-powered Optimization for Drilling
May 14, 2026
Kongsberg Digital and AIQ have signed a strategic collaboration agreement to drive AI-powered optimization for drilling operations. The collaboration combines Kongsberg Digital’s industrial and domain knowledge with AIQ’s expertise in developing AI technology to explore the potential co-design and delivery
ExxonMobil Adds Former Phillips 66 CEO Greg Garland to Board of Directors
May 14, 2026
ExxonMobil said Gregory Garland has been elected to its board of directors. “Greg brings to the ExxonMobil board more than a decade of experience as the CEO of respected industry companies,” said ExxonMobil Chairman and CEO Darren Woods. “All of
Pembina Pipeline Green Lights Two Projects in B.C. and Alberta, Canada
May 13, 2026
Calgary-based Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta. Pembina says the two pipeline expansions it has sanctioned represent a total investment of $425 million and are set to
Ovintiv Closes $2.85 Billion Sale of Its Anadarko Assets, Oklahoma
May 13, 2026
Ovintiv has closed on the all cash sale of its Anadarko assets, located in Oklahoma, for $3 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. “The Anadarko sale completes the transformation of
Baker Hughes Secures Strategic Gas Technology Order Supporting Argentina’s Gas Infrastructure
May 13, 2026
Baker Hughes said it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. “This award underscores our continued focus on supporting critical gas infrastructure
Expand Energy to Relocate Headquarters from Oklahoma to Houston, Texas
May 13, 2026
Expand Energy will be relocating its corporate headquarters from Oklahoma City, Oklahoma, to Houston, Texas, in mid-2026. The relocation, which will primarily focus on the executive leadership team, will strengthen Expand Energy’s relationships with key industry and commercial partners in
Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million
May 13, 2026
Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing
Chevron and Halliburton Enable Intelligent Hydraulic Fracturing at Colorado Operations
May 13, 2026
Chevron U.S.A. and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention.
Enterprise Products Partners Promotes Michael Hanley to Chief Commercial Officer
May 13, 2026
Enterprise Products Partners has elected Michael “Tug” Hanley as executive vice president and chief commercial officer with responsibility for all commercial functions for the partnership effective December 1, 2025. “We believe Enterprise has assembled one of the most knowledgeable and
