Halliburton (NYSE:HAL) secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies, covering drilling and completion services under a long-term program.
SLB (NYSE:SLB) announced that its OneSubsea joint venture was awarded a major engineering, procurement and construction contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d’Ivoire, covering subsea production systems for 13 wells.
Greenfire Resources (NYSE:GFR) agreed to acquire private thermal oil sands producer Connacher Oil and Gas for an estimated C$1.277 billion in cash, net of expected closing adjustments, expanding its production base and reserves position.
Northern Oil and Gas (NYSE:NOG) reported second-quarter business updates, including estimated derivative gains of $155 million to $160 million, share repurchases of 2.95 million shares and an expanded share repurchase authorization of approximately US$243 million.
Brent crude futures rose 4% to above $79 per barrel in Asian trading after renewed U.S.-Iran tensions and claims of disruption around the Strait of Hormuz increased concerns about global oil supply.
Chevron (NYSE:CVX) signed a five-year natural gas supply agreement with Alinta Energy to deliver 46 petajoules of gas in Western Australia from July 2027, extending a partnership that has operated for more than 40 years.
Oil prices declined on Friday but remained on track for weekly gains after renewed U.S.-Iran military tensions disrupted shipping through the Strait of Hormuz, raising concerns about possible energy supply interruptions.
BP (NYSE:BP) Chief Executive Officer Meg O’Neill announced that the company is actively simplifying its operational portfolio.
Chevron Technical Center, a division of Chevron U.S.A. (NYSE:CVX) and a subsidiary of Chevron Corporation, has finalized a technology licensing agreement allowing ZL Chemicals to commercialize its proprietary advanced chemical surfactant technology.
International oil benchmarks surged over 5% on Wednesday to establish fresh two-week highs after United States President Donald Trump stated that the memorandum of understanding to halt the conflict with Iran was over.
Energy giant Shell (NYSE:SHEL) finalized a $1 billion agreement to sell its entire downstream network of 580 petrol stations across South Africa to the Abu Dhabi National Oil Company.
Oil prices rose more than 3% on Wednesday after U.S. strikes on Iran following attacks on three ships in the Strait of Hormuz increased concerns about the stability of energy supplies.
