Digital Oilfield News

 

EnBW and Google Agree Offshore Wind Power Supply in Germany

Feb 05, 2026

EnBW and Google have signed a long-term power purchase agreement (PPA) for 100 MW of offshore wind power from He Dreiht project in Germany, to be delivered over a period of 15 years.Google aims to operate its global operations on 24/7 carbon free energy by 2030, meaning that every hour of energy consumption by the company is matched hourly with an equal amount of carbon-free energy on the same grid…

Jifmar, Seavium Partner to Roll Out AI Across Offshore Fleet

Feb 16, 2026

Jifmar Group and Seavium have formalized a strategic partnership to deploy digital and artificial intelligence (AI) driven capabilities across Jifmar’s fleet and internal workflows, as offshore operators accelerate adoption of data-driven operations…

Digital Threatscape is Rapidly Evolving for Global Energy Systems

Feb 12, 2026

Recent discussions with industrial teams have underscored how rapidly the digital “threatscape” is evolving across global energy systems, from oil and gas to chemicals, specialty gases, power generation, and transmission and distribution networks…

SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

Feb 11, 2026

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition…

Elemental Energies Expands Subsurface Expertise with APT Buy

Feb 11, 2026

Elemental Energies has acquired Norway-based geoscience specialist Applied Petroleum Technology (APT), expanding its subsurface and geochemistry capabilities as operators seek deeper technical insight across the well lifecycle.APT provides petroleum geochemistry…

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Feb 11, 2026

Malaysia’s Petronas, through Malaysia Petroleum Management, has launched the Malaysia Bid Round 2026, offering nine exploration blocks and six discovered resource opportunities in a move aimed at strengthening Malaysia’s position as an upstream investment hub…

RWE, Amazon Sign Offshore Wind Power Deal in Germany

Feb 03, 2026

RWE and Amazon have signed a power purchase agreement (PPA) covering 110 MW of electricity from RWE’s Nordseecluster B offshore wind project in the German North Sea.The agreement builds on a strategic framework agreement signed by the two companies in June 2025…

Libya Targets Higher Gas Output to Supply Europe by 2030

Feb 03, 2026

Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman said on Tuesday.The country plans to increase gas production…

Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC

Feb 02, 2026

MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC), setting the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading.The companies signed a memorandum…

Russia’s Lukoil Agrees to Sell Foreign Assets to US’ Carlyle Group

Jan 29, 2026

Lukoil had agreed to sell most of its foreign assets, estimated to be worth around $22 billion, to U.S. private equity firm Carlyle Group pending approval from the U.S. government, Russia's No. 2 oil producer said on Thursday.Under U.S. sanctions because of Russia's actions in Ukraine…

US to Ease Venezuela Oil Sanctions to Speed Exports

Jan 28, 2026

U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, four sources familiar with the preparation said on Tuesday, a shift from a previous plan to grant individual exemptions to…

Libya Inks Long-Term Oil Deal with TotalEnergies and ConocoPhillips

Jan 26, 2026

Libya signed a 25-year oil development agreement on Saturday with France's TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid al-Dbeibah said.Signed through Waha Oil Company…

Baker Hughes Reports 11% Jump in Adjusted Quarterly Profit

Jan 26, 2026

Baker Hughes on Sunday reported an 11% rise in adjusted profit for the fourth quarter as demand for its gas technology equipment and services more than offset weakness in its oilfield services and equipment business.The company has banked on demand for equipment and services…

SLB Beats Profit Forecasts, Unveils $4B Return Plan

Jan 23, 2026

SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled plans to return $4 billion to shareholders this year.The company closed the $7…

Nigeria Backs Shell’s Bonga South West Oil Project with Fresh Incentives

Jan 23, 2026

Nigerian President Bola Tinubu has approved 'targeted, investment-linked' incentives for Shell's Bonga South West deepwater oil project following a meeting with the company's CEO, Tinubu's office said.The proposed incentives are the latest in…

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