news articles

Preliminary estimates put recoverable resources at Othello South at 0.15–2mscm of oil equivalent. https://www.offshore-technology.com/newsletters/equinor-strikes-oil-at-othello-south-prospect-near-heidrun-field/?_hsmi=126491254&utm_campaign=type3_Offshore%20Technology-market&utm_medium=email&utm_content=Other_Daily_News_Articles&utm_source=email_NS

Speaking at the opening of Abu Dhabi Sustainability Week 2026, Sultan Al Jaber  highlighted a reality the industry understands well: As artificial intelligence and data centres drive global energy demand, hydrocarbons will remain essential—even as renewable capacity expands. The challenge is clear.The opportunity is greater. At Peregrine X, our oil analytics help operators meet this moment by enabling more efficient, lower-impact hydrocarbon production—while providing the dat

Oil remediation projects succeed or fail on one thing: certainty . Certainty that treatment is working. Certainty that resources are being used efficiently. Certainty that regulatory approval won’t trigger costly delays or reprocessing. That’s where Peregrine X remediation analytics  changes the game. By delivering high-quality hydrocarbon data within hours , our analytics give remediation teams real visibility into progress—before decisions are locked in and costs escalate.

Sonatrach and Ghana National Petroleum Corporation (GNPC) have signed a memorandum of understanding to collaborate on research and development initiatives aimed at strengthening upstream oil and gas capabilities across Africa. https://worldoil.com/news/2026/1/8/sonatrach-gnpc-expand-upstream-innovation-through-new-r-d-agreement/

The energy intelligence group believes that the discovery offers Vietnam a chance to reverse a two-decade production decline, after its oil output fell from 365,000 barrels per day in 2005 to below 120,000 b/d in 2025.  https://www.offshore-energy.biz/southeast-asia-richer-for-its-biggest-black-gold-find-in-two-decades-and-third-largest-since-2000/?utm_placeholder_value=&utm_source=dailynews&utm_medium=email&utm_campaign=OffshoreEnergy_DailyNewsletter&cdmwt=QCEBgAIM2DCiQowfoX

Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday. https://www.cnbcafrica.com/2026/shell-buys-stakes-in-angolan-offshore-blocks-from-chevron

Petrobras has started oil production from the FPSO P-78 at the Búzios 6 development in Brazil’s pre-salt Santos basin, further lifting output from one of the country’s most prolific offshore assets.  https://worldoil.com/news/2026/1/2/petrobras-achieves-first-oil-at-buzios-6-with-180-000-bpd-fpso/

Across the Middle East, operators are entering a new phase of digital maturity—where analytics are no longer experimental tools, but core enablers of resilience, asset performance, and long-term competitiveness. The shift is clear: ✔️ From reactive interventions to predictive decision-making ✔️ From siloed data to integrated operational visibility ✔️ From efficiency-only gains to sustained asset integrity and performance At Peregrine X , our oil analytics play a critical role