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  • Petrobras plans to acquire full ownership of certain Campos basin fields

    Petrobras plans to acquire full ownership of certain Campos basin fields

    March 18th, 2026

    In a move to expand its assets, Petrobras plans to acquire a 50% stake in two Campos basin fields

    0 comments on Petrobras plans to acquire full ownership of certain Campos basin fields
  • Sonangol extends contract for Quenguela drillship

    Sonangol extends contract for Quenguela drillship

    March 17th, 2026

    The extension includes a seven-well option at a fixed price, ensuring continued ultra-deepwater drilling operations and committing the rig

    0 comments on Sonangol extends contract for Quenguela drillship
  • CNOOC lets EPC contract for South China Sea field

    CNOOC lets EPC contract for South China Sea field

    March 17th, 2026

    The contract covers 20 wells for the deepwater Kaiping 18-1 field development.

    0 comments on CNOOC lets EPC contract for South China Sea field
  • Then & Now: Oil prices, US shale, offshore, and AI—Deborah Byers on what changed since 2017

    Then & Now: Oil prices, US shale, offshore, and AI—Deborah Byers on what changed since 2017

    March 17th, 2026

    This episode revisits key industry themes from 2017, exploring how geopolitical risks, market volatility, and technological advances have reshaped

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  • Trump orders restart of California offshore oil transport to support US military operations in Iran

    Trump orders restart of California offshore oil transport to support US military operations in Iran

    March 16th, 2026

    Sable Offshore resumed Santa Ynez operations following a federal directive that cited national security needs despite California's legal challenges

    0 comments on Trump orders restart of California offshore oil transport to support US military operations in Iran
  • PTTEP lets EPC contract for Kikeh field work offshore Malaysia

    PTTEP lets EPC contract for Kikeh field work offshore Malaysia

    March 10th, 2026

    SLB OneSubsea will deliver subsea equipment for Malaysia's Kikeh field's second development phase, supporting PTTEP Sabah's offshore operations through

    0 comments on PTTEP lets EPC contract for Kikeh field work offshore Malaysia
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LATEST SECTOR NEWS

  • Valero’s Port Arthur refinery faces uncertain timeline for diesel hydrotreater rebuild
  • UAE’s TA’ZIZ inks offtake, feedstock deals to anchor chemicals buildout
  • Norwegian Ministry of Energy sets Sept. 1 applications deadline for blocks in APA 2026
  • ‘If this isn’t the time to grow:’ Diamondback lifts 2026 production, capex targets
  • Jonah Energy expands asset portfolio with $1-billion acquisition in Anadarko Basin

ABOUT US

FORTecx is a Canadian-based group, specializing in unique, ‘state of the art’ proprietary Formulas, Ultrasonic Procedures and End-to-End Eco Processes for the fast recovery of oil from primary, secondary and waste sources.

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