ARiES One
energy consultants

Cenovus Energy’s West White Rose project has reached a pivotal moment with the arrival of its 23,000-tonne topsides deck in Newfoundland. Transported over 5,500 kilometers from Texas, the massive structure will be installed on a 210,000-tonne concrete gravity base at the Grand Banks offshore site. Massive 23,000-Tonne Deck Arrives in Canada for West White Rose Project This major offshore engineering feat is part of a larger development that targets approximately 115 million barrels of oil. Once operational, the project is expected to produce up to 80,000 barrels per day at peak capacity, with first oil anticipated in 2026. The deck—containing the essential infrastructure for production, processing, and operations—will significantly expand the capacity of the White Rose field, supporting continued energy security and economic activity in Eastern Canada. It’s also a testament to the scale and complexity of modern offshore oil projects, demanding high levels of technical precision, logistics coordination, and cross-border collaboration. At Aries One, we recognize the importance of strategic planning and expert execution in projects of this magnitude. Whether it’s through technical advisory, project management, or staffing support, we help energy operators navigate key phases from development to production. 🔗 Explore our Services:   www.aries-one.com

BP Seeks Partner for High-Pressure Kaskida Project in US Gulf BP is actively pursuing a minority partner for its 20,000-psi Kaskida development — a deepwater project located in the US Gulf of Mexico’s Paleogene play. This marks BP’s first greenfield development in the Paleogene, signaling a strategic push into ultra-high-pressure frontier resources. The Kaskida project is expected to deliver 80,000 barrels per day  from six subsea wells , supported by a dedicated floating production unit . With first oil targeted for 2029 , BP’s search for a stakeholder reflects the capital intensity and technical complexity of high-pressure deepwater assets. As operators look to de-risk projects of this scale, the role of specialized technical advisory  becomes critical — from well design and facilities engineering to procurement, regulatory compliance, and deepwater workforce support. Aries One  delivers tailored solutions across every stage of complex energy developments. Our expertise helps clients execute deepwater strategies safely, efficiently, and with precision. 🔍 Explore our Services:   www.aries-one.com

ExxonMobil has unveiled two significant oil discoveries offshore Newfoundland & Labrador , reinforcing the region’s role as a key player in Canada’s energy landscape. The company reported the addition of 75 million barrels  of recoverable oil— 50 million barrels  at the Hebron platform  and 25 million barrels  at Hibernia . ExxonMobil Announces Two New Oil Discoveries Offshore Canada These discoveries underscore ExxonMobil’s commitment to maximizing the value of existing offshore assets through life extension strategies  and advanced drilling technology . As global energy demand continues to evolve, developments like these reflect the importance of strategic investment in proven basins. For offshore operators and project developers, this announcement signals continued confidence in Canada’s offshore potential and highlights the need for technical expertise  in drilling, project management, and asset optimization. Aries One  supports upstream projects with Consulting ,   Project Management ,  and Staffing . Our expertise helps energy companies navigate complex offshore environments while maximizing operational performance. Explore our Services:   www.aries-one.com

On this Memorial Day, Aries One  joins the nation in honoring the brave men and women who gave their lives in service to our country. Their sacrifice, courage, and unwavering dedication  are the foundation of the freedoms we hold dear. Honoring Memorial Day: A Tribute to Courage and Sacrifice As we pause to remember those who served, we reflect not only on their heroism but also on the values of commitment, integrity, and resilience —principles that guide our work every day in supporting the energy sector and those who drive it forward. We extend our deepest gratitude to all who have served, and to the families who carry their legacy. Explore our Services:   www.aries-one.com

At the World Gas Conference in Beijing, energy leaders delivered a clear message: natural gas must remain central  to the global energy strategy if the world is to achieve both emissions targets and energy security. Executives from major players like ConocoPhillips cautioned against unrealistic transition timelines  and chronic underinvestment in gas infrastructure , which could jeopardize both supply stability and decarbonization goals. Natural gas and LNG continue to play a crucial role in addressing rising global energy demand —particularly in regions transitioning from coal or scaling renewable capacity. Speakers reinforced that a balanced, pragmatic energy mix  is essential for reducing emissions without risking power reliability or economic disruption. Gas Leaders Urge Realism in Energy Transition at World Gas Conference As the conversation around energy evolution intensifies, Aries One  remains committed to supporting sustainable energy development. Our Consulting ,   Project Management ,  and Staffin  are designed to help clients deliver on both operational efficiency and long-term energy goals. 🔗 Explore our Services:   www.aries-one.com

US Rig Count:  576 (Week: -2 | Year: -28)  Canada Rig Count:  121 (Week: +7 | Year: +7)  International Rig Count:  891 (Month: -8 | Year: -87) Weekly Rig Count Update – Mixed Signals Across Regions This week’s Baker Hughes rig count shows mixed activity across global markets. The U.S. continues its downward trend, shedding 2 rigs to settle at 576—28 fewer than this time last year. In contrast, Canada added 7 rigs this week, bringing its total to 121, a year-over-year increase of 7. International activity remains steady for the moment, though the monthly total is down by 8 rigs, with a significant 87-rig drop compared to last year. These fluctuations highlight an industry still adjusting to global demand pressures, commodity pricing volatility, and regional investment shifts. While North America sees diverging trajectories, international rig activity remains subdued, suggesting continued caution in long-cycle project commitments. At Aries One , we help energy companies stay resilient. At Aries One , we help energy companies stay resilient. Our Consulting ,   Project Management ,  and Staffing  are built to support operational efficiency and strategic execution, no matter the market conditions. are built to support operational efficiency and strategic execution, no matter the market conditions. 🔗 Explore our Services:   www.aries-one.com

US Rig Count:  578 (Week: -6 | Year: -25) Canada Rig Count:  114 (Week: -6 | Year: -2) International Rig Count:  891 (Month: -8 | Year: -87) Weekly Rig Count The latest Baker Hughes report reveals another week of decreased drilling activity across the board. The U.S. rig count dropped by 6, bringing the total to 578, down 25 from this time last year. Canada mirrored that trend with a 6-rig decrease, totaling 114 rigs and falling 2 below last year’s count. International numbers also dipped, with the monthly count down 8 rigs to 891—an 87-rig decline compared to a year ago. These figures reflect a cautious global energy environment. Operators continue to scale back, delay, or re-evaluate projects in response to fluctuating oil prices, cost pressures, and regulatory developments. At Aries One , we understand the challenges of navigating a volatile energy landscape. That’s why our Consulting , Project Management ,  and Staffing  are designed to provide stability, efficiency, and strategic clarity—no matter how the rig count shifts. Explore our Services:   www.aries-one.com

US Rig Count: 583 (Week: -7 | Year: -34)  Canada Rig Count: 138 (Week: -15 | Year: -3)  International Rig Count: 899 (Month: -6 | Year: -72) This week’s rig count reflects a notable decline in drilling activity across the board. The United States saw a drop of 7 rigs, bringing the total to 583—down 34 rigs from this time last year. Canada’s rig count dropped by 15, now standing at 138, which is also 3 rigs fewer than the same time last year. International rig activity also trended downward, falling by 6 rigs to 899, marking a significant 72-rig decline compared to the previous year. These shifts may indicate cautious sentiment across the energy sector as companies balance capital discipline with fluctuating commodity prices. While the broader market reassesses drilling strategies, operators remain focused on high-efficiency development and risk mitigation in project planning. At Aries One, we understand that in times of uncertainty, precise and informed decision-making becomes even more crucial. Whether you're navigating project planning, staffing needs, or technical advisory, our team supports your success with customized solutions across upstream operations. Explore our Services:   www.aries-one.com

The latest Baker Hughes rig count report reveals a minor dip in drilling activity across North America, with the U.S. and Canada reporting fewer active rigs. Meanwhile, international rig activity remains unchanged compared to the previous month. This report highlights ongoing industry trends and potential market shifts affecting global oil and gas operations. Global Rig Count Update: U.S. and Canada See Declines While International Numbers Hold Steady U.S. Rig Count: Slight Decline in Activity As of the latest update, the U.S. rig count stands at 592 , reflecting a weekly decrease of 1 rig  and a year-over-year drop of 30 rigs . This marks a continued softening in drilling activity, which could be attributed to factors such as shifting capital investments, regulatory developments, and fluctuating oil prices. While the decline is minimal, it signals a cautious approach from operators navigating market conditions. Canada Rig Count: Significant Weekly Drop Canada experienced a more substantial weekly drop, with rig activity falling by 14 rigs , bringing the total count to 234 . Despite this decline, the year-over-year comparison still reflects a net increase of 9 rigs , indicating relative stability in long-term drilling operations. Seasonal variations and economic considerations often impact Canadian rig counts, making these fluctuations part of the industry's cyclical nature. International Rig Count: Holding Steady Unlike North America, international rig activity remains unchanged from the previous month, holding steady at 905 rigs . However, the year-over-year numbers show a notable decrease of 53 rigs , pointing to a broader trend of reduced exploration and production efforts globally. Factors such as geopolitical tensions, economic slowdowns, and shifting energy policies may be influencing this sustained decline. Industry Implications and Market Outlook The current rig count data underscores the ongoing adjustments within the global oil and gas sector. The U.S. and Canada continue to experience short-term fluctuations, while the international market remains relatively stable but lower on a year-over-year basis. As energy companies refine their strategies amid evolving economic conditions, staying informed on rig count trends is essential for industry stakeholders. At Aries One , we specialize in providing tailored Consulting , Project Management ,  and Staffing  to support oil and gas operations worldwide. Whether you're navigating market shifts or optimizing drilling programs, our expertise ensures efficient, cost-effective solutions. Stay ahead of industry trends.  Explore our services at  www.aries-one.com .

The latest Baker Hughes Rig Count  shows a modest increase in U.S. drilling activity , while Canada sees a slight decline  and international rig numbers remain stable . 🔹 U.S.:  592 rigs ( +4  week-over-week | -34  year-over-year) 🔹 Canada:  244 rigs ( -1  week-over-week | +13  year-over-year) 🔹 International:  905 rigs ( -4  month-over-month | -60  year-over-year) Weekly Rig Count Update: U.S. Rigs Continue Upward Trend With a steady rise in U.S. rig activity, the industry continues to adjust to shifting market conditions  while maintaining operational efficiency . For expert guidance on Consulting , Project Management ,  and Staffing , Aries One provides tailored support  for energy projects worldwide. 🔗 Explore Our Services:   www.aries-one.com Weekly Rig Count Update: U.S. Rigs Continue Upward Trend

In today’s fast-paced energy industry, optimizing project outcomes and ensuring compliance at every stage are crucial for success. Whether you're developing oil & gas facilities or working on cutting-edge renewable energy infrastructure, having a trusted partner who provides expert technical advisory services can make all the difference. At Aries One Energy Consultants, we specialize in offering comprehensive technical advisory services that support every phase of project development. Our expertise spans various sectors of the energy industry, from traditional oil & gas to the evolving fields of carbon capture, geothermal energy, and energy transition projects. Tailored Solutions for Every Stage of Your Energy Project Our team at Aries One understands that each project is unique. That’s why we offer flexible, scalable solutions that cater to the specific needs of your project, whether you're at the planning, design, or operational phase. From conceptual designs to detailed engineering, our advisory services ensure that your project is executed efficiently, safely, and fully compliant with industry standards. Our services include: Design and Modeling : We create precise and efficient designs that integrate the latest technologies and innovations to meet your project's needs. Project Analysis : Through in-depth analysis, we identify opportunities to optimize operations and reduce costs while maintaining top-tier performance. Compliance and Safety : Safety is at the core of everything we do. We provide robust safety frameworks that comply with all industry regulations and best practices. Engineering Excellence Expert Guidance in Engineering Excellence for Energy Projects Aries One isn’t just about providing advisory services; we’re about being a long-term partner to our clients. Our team works alongside yours, providing insights, strategies, and solutions to guide you through complex energy landscapes. Whether managing an oilfield project or exploring new avenues in renewable energy, we bring the technical expertise you need to stay ahead of the curve. Our expertise spans: Oil & Gas Exploration and Production : From well design to production optimization, we help ensure smooth operations in the world’s most challenging oilfields. Renewable Energy Projects : As the industry transitions toward more sustainable energy solutions, Aries One offers consulting services for Carbon Capture & Storage (CCS) and geothermal projects. Energy Transition : We support businesses in navigating the shift toward cleaner, greener energy, ensuring that your projects align with global sustainability goals. Why Choose Aries One? With a focus on delivering results, Aries One brings a unique blend of expertise and innovation. Our consulting services have supported numerous clients—from small-scale operators to supermajors—across a wide range of energy sectors. Our commitment to excellence ensures that your projects are not just completed, but thrive. How Aries One Optimizes Your Next Project: Expertise Across Sectors : Our team is well-versed in both traditional oil & gas projects and emerging energy solutions. End-to-End Solutions : From initial concept to final execution, we provide comprehensive support across all project stages. Proven Track Record : With a history of successful projects and satisfied clients, Aries One is your trusted partner for energy project success. Ready to take your energy projects to the next level? Discover how Aries One’s engineering expertise can support your next venture. 👉 Learn more about Aries One’s Services

The latest Baker Hughes Rig Count  reveals a slight increase in U.S. drilling activity, while Canada experiences a small decline. International rig activity remains stable with minor reductions. Weekly Rig Count Update: U.S. and Canada Show Mixed Trends 📌 Current Rig Count Overview: United States:  588 rigs ( +2  for the week | -33  year-over-year) Canada:  245 rigs ( -4  for the week | +11  year-over-year) International:  905 rigs ( -4  for the month | -60  year-over-year) What This Means for the Industry The U.S. rig count growth  suggests steady activity levels , driven by operational efficiencies and stable oil prices . Meanwhile, Canada’s slight decline  is typical for this time of year, as seasonal factors influence drilling operations. The international market  continues to experience a gradual downturn, likely due to geopolitical factors and investment shifts  in global energy markets. For energy companies and drilling professionals , these trends highlight the need for adaptable strategies  in a constantly evolving industry. Whether you’re scaling operations  or optimizing existing assets , Aries One’s Consulting , Project Management ,  and Staffing  can help you navigate today’s challenges with precision. 🔗 Explore Our Energy Services:   www.aries-one.com