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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
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
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.
Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion
May 12, 2026
Hexagon has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion. Waygate Technologies serves customers across aerospace, automotive, energy, and industrial manufacturing sectors globally, and brings with it
U.S. Exempts Gulf of Mexico Drillers from Endangered Species Rules
May 12, 2026
The Endangered Species Committee in U.S. President Donald Trump’s administration has granted an exemption for oil and gas activities in the Gulf of America, following a determination by the Secretary of War that such an exemption is necessary for national
Woodside Secures Final Approval for North West Shelf Extension, Australia
May 12, 2026
Woodside and the North West Shelf joint venture said it welcomed the Australian government’s final decision to grant environmental approval for the North West Shelf Project Extension. Woodside Executive Vice President and Chief Operating Officer Australia Liz Westcott said the
Pertamina, Halliburton Sign MOU to Accelerate Deployment of Advanced Well Construction
May 12, 2026
Pertamina (Persero), Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL) signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia. Under this MOU, Pertamina and Halliburton intend to evaluate opportunities
