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

Woodside Secures Final Approval for North West Shelf Extension, Australia

April 20, 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

April 20, 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

April 16, 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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ExxonMobil, Halliburton Achieve World’s First Fully Closed-Loop Automated Well Placement

April 15, 2026

Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana. The

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Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion

April 14, 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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Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap

April 14, 2026

Chevron has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela (PDVSA) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country.

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

April 10, 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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Citadel to Acquire Leading German Power Trader FlexPower

April 10, 2026

Citadel has entered into a definitive agreement to acquire 100 percent of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s

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

April 8, 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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Hunting Secures $63.5M Contract for Its Titanium Stress Joint Product, Offshore Development Guyana

April 7, 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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