Oil markets continue to react to geopolitical events and the Chinese economy while seemingly switching focus daily.
Shell Offshore let an engineering, procurement, construction, and installation contract for work on the newly sanctioned Silvertip Phase 3
US Energy Corp., Houston, has agreed to sell most of its oil and natural gas assets in East Texas
Petrobras has let a contract to SLB OneSubsea for two subsea raw seawater injection (RWI) systems to increase recovery
Imperial Oil set its 2025 capital and exploration expenditures budget at $1.9-2.1 billion (Can.).
Beacon Offshore Energy has let a contract to Subsea7 for the Monument development in the US Gulf of Mexico.
