news articles

Norwegian oil and gas firm Vår Energi has put the Balder Phase V project into production, while also completing of Åsgard Low Pressure Production Phase 3 (LPP3) scheme, bolstering its North Sea production. https://www.oedigital.com/news/533608-v-r-energi-starts-up-another-north-sea-project?utm_source=AOGDigital-ENews-2025-12-17&utm_medium=email&utm_campaign=OEDigital-ENews

ExxonMobil has raised its corporate outlook through 2030, increasing expected earnings and cash flow growth without raising capital spending, driven by stronger upstream performance, lower operating costs and continued gains from advantaged assets.  https://worldoil.com/news/2025/12/9/exxonmobil-raises-2030-plan-lifts-upstream-outlook-without-boosting-capital/

Predictive models, digital oilfields, and AI-driven optimisation all depend on one thing: high-quality, timely data . Without it, even the most advanced algorithms fall short. That’s where Peregrine X  plays a critical role. With PACE24 near real-time oil analytics , operators provide AI systems with granular, reproducible compositional data —including waxes, asphaltenes, scale, salts, and chemical additives—delivered within hours, not days. This enables AI to: ✔️ Predict flo

Oil & gas operators are under constant pressure to increase recovery, control costs, and meet ESG commitments—without compromising uptime or asset integrity. Traditional lab-based analytics, often delivered days later, no longer support the pace of modern operations. Peregrine X changes that. Using our PACE24 near real-time oil analytics , operators gain rapid, forensic-level insight into oil composition—waxes, asphaltenes, scale, salts, and chemicals—enabling proactive decis

Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals. https://www.oedigital.com/news/533347-sea-lion-oil-project-in-falkland-islands-gets-green-light?utm_source=AOGDigital-ENews-2025-12-10&utm_medium=email&utm_campaign=OEDigital-ENews

Chevron Corp. has announced an organic capital expenditure (capex) range of $18–$19 billion for 2026, positioning next year’s budget at the lower end of its long-term guidance as the company emphasizes disciplined spending, efficiency improvements and high-return upstream development. https://worldoil.com/news/2025/12/4/chevron-sets-2026-capex-at-18-19-billion-prioritizes-high-return-upstream-growth/

But companies using artificial intelligence need to identify and manage the risks beforehand. https://www.offshore-mag.com/special-reports/article/55332188/endeavor-management-offshore-energy-industry-now-utilizing-ai-for-critical-upstream-operations?o_eid=1023B6242256H6F&rdx.ident[pull]=omeda|1023B6242256H6F&utm_campaign=CPS251124033&utm_medium=email&utm_source=OFF+Daily

Speed, accuracy, and accountability have never mattered more. Across the world, operators are under rising pressure to restore land, meet regulatory commitments, and demonstrate real environmental stewardship. But traditional testing can affect optimised operatioins, increases rework, and inflates project costs. That’s why remediation teams are turning to Peregrine X . With our rapid remediation analytics, contractors get accurate TPH results within hours—not days—empowering