Oil & Gas

Developers are set to bring approximately 44.9 billion cubic feet per day of new pipeline capacity online in the United States in 2026 and 2027, with Texas accounting for over 66% of the capacity additions. This significant investment in pipeline infrastructure highlights the state’s crucial role in the American energy sector and underscores the importance of ongoing developments for industry and supply chains.

A recent field trial in the Permian Basin demonstrated that biosurfactants can increase cumulative oil and gas production, sparking renewed interest in chemical recovery methods. This development could have implications for American industry by potentially enhancing production and efficiency in the oil and gas sector.

Eni and its partners have given the green light to the Baleine Phase 3 project, set to boost oil production to 150,000 bopd and enhance local natural gas supply with a new FPSO installation. While this development is taking place in Côte d’Ivoire, it serves as a notable advancement in the global oil and gas industry.

Weatherford has been awarded a deepwater integrated completions contract by ExxonMobil affiliate Esso Exploration & Production Nigeria to support well construction and completions operations offshore Nigeria. While this specific contract is for operations in Nigeria, it showcases Weatherford’s expertise in the oil & gas industry, which plays a crucial role in American energy production and global competitiveness.