Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

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

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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

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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

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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

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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

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Equinor to Divest Its Vaca Muerta Portfolio to Vista Energy for $1.1 Billion

May 8, 2026

Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30 percent non-operated interest in the Bandurria Sur asset and its 50 percent non-operated interest in the

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TotalEnergies and Partners Start Up Quiluma Field, Angola

May 4, 2026

TotalEnergies and its partners have started production from the Quiluma field in Angola. The Quiluma field in Angola is owned by a consortium known as the New Gas Consortium, which includes Azule Energy (37.4 percent, operator), Cabinda Gulf Oil Company

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Continental Resources Expands Vaca Muerta Position With Pan American Energy Acquisition, Argentina

May 1, 2026

Continental Resources has signed an assets sale and purchase agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina’s Neuquén Basin. “Vaca Muerta is one of the

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Hunting Secures $63.5M Contract for Its Titanium Stress Joint Product, Offshore Development Guyana

April 29, 2026

Hunting has been awarded orders totaling $63.5 million for its titanium stress joint (TSJ) product line, for a new offshore development in Guyana. “Our TSJ product line, which is a critical component for offshore developments, continues to be adopted on

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Panoro Energy to Acquire Kosmos Energy’s Equatorial Guinea Production Assets for $219.5 Million

April 24, 2026

Kosmos Energy has entered into an agreement to sell its 40.375 percent non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy for $180 million, plus future contingent payments of up to

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