British energy major BP announced it is proceeding with its $5 billion Tiber-Guadalupe offshore drilling project in the U.S. Gulf of Mexico. This decision signals the company’s intensified focus on its core oil and gas business in the U.S. following a strategic shift. The project is expected to begin production by 2030 and yield 80,000 barrels of crude per day.
TotalEnergies announced an agreement with Continental Resources to acquire a 49% stake in producing natural gas assets in the Anadarko Basin in Oklahoma. This acquisition will strengthen TotalEnergies’ position in the U.S. LNG value chain.
Energy services company Expro confirmed the full deployment of its new remote clamp installation system, a tool designed to improve safety and efficiency during offshore well completion operations.
