World Oil provides the latest news and trends in the exploration, drilling and completion of onshore and offshore oil and gas.
Joined March 2009
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The U.S. has sanctioned #Cuba's state-owned oil company, Cupet, adding new uncertainty to fuel supply efforts as the island grapples with ongoing energy shortages and constrained petroleum imports.
worldoil.com/news/2026/6/12/…
#sanctions #Trump #fuelshortage #energydemand
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- @exxonmobil is reportedly exploring #LNG acquisition opportunities, including Australia's @WoodsideEnergy, as the supermajor looks to expand its global gas footprint and strengthen access to Asian markets.
worldoil.com/news/2026/6/12/…
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- @Shell is reportedly preparing the sale of its #offshorewind portfolio in a deal that could exceed $1 billion, as the company continues to streamline its portfolio and focus investment on higher-return energy projects.
worldoil.com/news/2026/6/12/…
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🎙️NEW PODCAST: Brandon Myers, Head of Research at @NoviLabs , shares insights on advanced energy analytics, machine learning forecasting and the U.S. oil inventory landscape.
LISTEN: podcast.show/worldoildeepdiv…
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STRYDE has launched its Halo family of seismic nodes, introducing new options for wireless quality control, enhanced timing synchronization and high-density land seismic acquisition across challenging survey environments. #seismicsurvey
worldoil.com/news/2026/6/11/…
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Canada's energy industry could require 72,600 new hires by 2035 as more than 54,000 workers reach retirement eligibility, with labor shortages projected to emerge as early as 2027. @EnergySafetyCan
worldoil.com/news/2026/6/11/…
#Canada #energyworkforce
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Even as flows through the Strait of #Hormuz gradually improve, @EnverusEnergy warns the damage to global oil inventories may already be done.
worldoil.com/news/2026/6/11/…
#oilprices #oilsupply #MiddleEast
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- @Tenaris has manufactured the largest BlueCoil coiled tubing string in its history, delivering an 88-metric-ton string for CUDD Pressure Control to support extended-reach completion operations in deeper and longer horizontal wells.
worldoil.com/news/2026/6/11/…
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The Energy AI Users Group Annual Conference is accepting abstracts. Share real-world AI implementations, measurable outcomes, and lessons learned across upstream, midstream, and downstream operations.
🗓️ Abstract Deadline: July 1
Apply: cvent.com/c/abstracts/b205f9…
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Oil prices fell nearly 4% after President #Trump abruptly canceled planned strikes against #Iran and signaled progress toward a potential agreement, easing immediate concerns over #KhargIsland and Persian Gulf oil exports.
worldoil.com/news/2026/6/11/…
#oilprices #PersianGulf
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ABB has been awarded a contract to modernize #automation and safety control systems on the Buzzard offshore platform, helping support safe, reliable operations at one of the UK's largest producing #NorthSea oil fields. @ABBgroupnews
worldoil.com/news/2026/6/11/…
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- @kongsbergasa and the Ocean Exploration Trust have launched a #deepwater mapping expedition in the Central Pacific aimed at improving seabed survey efficiency and advancing #offshoremapping technology.
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Ocean Installer has secured a multi-year contract from @Equinor for well tie-in and subsea installation work on the Bacalhau field offshore #Brazil, marking the company's entry into one of the world's largest #subsea markets.
worldoil.com/news/2026/6/11/…
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- @Chevron, YPF and Pluspetrol are expected to commit volumes to a $3 billion natural gas liquids project in Argentina's Vaca Muerta shale basin, according to sources.
ow.ly/uPTk50ZajPy
#VacaMuerta #shale #naturalgas #Chevron
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EnQuest will acquire interests in four offshore #Malaysia production-sharing contracts for up to $833 million, adding approx. 57,400 boed of production as it expands its #SoutheastAsia portfolio.
ow.ly/Zw6u50ZajNM
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An #oiltanker linked to previous Iranian crude shipments reported a fire while transiting the Gulf of #Oman, prompting responses from maritime security agencies and raising fresh concerns about shipping security near the Strait of #Hormuz.
worldoil.com/news/2026/6/10/…
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- @APA_Corp has agreed to acquire Savant Alaska for approx. $70 million, securing strategic #NorthSlope infrastructure, including the Badami production facility and Nutaaq Pipeline, as it advances exploration and appraisal activities in #Alaska.
worldoil.com/news/2026/6/10/…
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Surface-based pressure signal analysis provides real-time insights during #hydraulicfracturing, enabling operators to optimize treatment outcomes, reduce operational risks and strategically lower capex. #Exclusive
read.nxtbook.com/gulf_energy…
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- @petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin from @Equinor
worldoil.com/news/2026/6/10/…
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SLB and @Qualcomm Technologies have signed a collaboration agreement to develop edge AI solutions for energy operations.
worldoil.com/news/2026/6/9/s…
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