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SLB Awarded Multiple Offshore Drilling Contracts by Mubadala Energy for Tangkulo Deepwater Development in Indonesia
HOUSTON, Texas, Feb. 13 -- Schlumberger, doing business as SLB, issued the following news release:
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SLB Awarded Multiple Offshore Drilling Contracts by Mubadala Energy for Tangkulo Deepwater Development in Indonesia
Contracts support offshore gas development with first gas targeted before end of 2028
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Global energy technology company SLB (NYSE: SLB) has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drilling
... Show Full Article
HOUSTON, Texas, Feb. 13 -- Schlumberger, doing business as SLB, issued the following news release:
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SLB Awarded Multiple Offshore Drilling Contracts by Mubadala Energy for Tangkulo Deepwater Development in Indonesia
Contracts support offshore gas development with first gas targeted before end of 2028
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Global energy technology company SLB (NYSE: SLB) has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drillingactivities in the Andaman Sea, offshore Indonesia.
Under the awards, SLB will work with Mubadala Energy to deliver integrated drilling and well services across the full well life cycle. The scope includes directional drilling, drilling fluids, cementing, wireline, slickline, coiled tubing, well testing, mud logging and upper and lower completions. The integrated model is designed to streamline execution while enhancing safety, reliability and operational performance.
"This contract award reflects Mubadala Energy's strategic vision to develop Indonesia's offshore resources responsibly and efficiently," said Abdulla Bu Ali, president director, Mubadala Energy Indonesia. "Through this partnership, we will deploy advanced drilling technologies to support safe, efficient execution and delivery of first gas anticipated by end of 2028. The Tangkulo field is a cornerstone project in our Southeast Asia portfolio and underscores our role in supporting Indonesia's long-term energy security and economic growth."
The project will leverage SLB's offshore and deepwater technologies, including real-time downhole monitoring, to reduce operational risk, improve well placement and strengthen project economics.
"Deepwater developments demand disciplined execution and integrated delivery," said Sherif Shohdy, president, Asia, SLB. "By combining advanced drilling technologies, real-time insights and strong local expertise, we are well positioned to support safe and efficient offshore operations and accelerate progress toward first gas."
The contracts were awarded through a competitive tender process and underscore the strategic importance of the Tangkulo development to Indonesia's long-term energy security.
Key points:
* SLB awarded multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo deepwater development in the Andaman Sea, offshore Indonesia.
* Scope includes drilling, completion and testing services across the full well life cycle.
* First gas targeted before the end of 2028, supporting Indonesia's long-term energy security.
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About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
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About Mubadala Energy
Mubadala Energy is an international energy company headquartered in Abu Dhabi, United Arab Emirates. With a diversified portfolio of operated and non-operated assets spanning 11 countries, the company's primary geographic focus is the Middle East and North Africa, Russia and Southeast Asia. Mubadala Energy is a wholly owned subsidiary of Mubadala Investment Company, which is owned by the Government of Abu Dhabi. The company's portfolio is largely weighted toward natural gas and it is expanding across the gas value chain while actively pursuing opportunities in new energy sectors as part of its commitment to support energy security and the energy transition. For more information, visit www.mubadalaenergy.com.
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Original text here: https://www.slb.com/news-and-insights/newsroom/press-release/2026/pr-2026-0212-mubadala
[Category: BizEnergy]
Littler Lounge: Just Cause for a Chat About Corrective Actions
SAN FRANCISCO, California, Feb. 13 -- Littler, a law firm, issued the following news:
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Littler Lounge: Just Cause for a Chat About Corrective Actions
Employee discipline may not sound like party conversation, but stay with us - this one's worth a refill. Hosts Claire Deason and Nicole LeFave welcome Kat Siegel, Executive Director of Littler's Labor Practice, to the lounge for a conversation inspired by a common workplace moment: good intentions, solid decisions, and a process that doesn't always get the same memo.
Together, they unpack what thoughtful corrective action looks like in the
... Show Full Article
SAN FRANCISCO, California, Feb. 13 -- Littler, a law firm, issued the following news:
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Littler Lounge: Just Cause for a Chat About Corrective Actions
Employee discipline may not sound like party conversation, but stay with us - this one's worth a refill. Hosts Claire Deason and Nicole LeFave welcome Kat Siegel, Executive Director of Littler's Labor Practice, to the lounge for a conversation inspired by a common workplace moment: good intentions, solid decisions, and a process that doesn't always get the same memo.
Together, they unpack what thoughtful corrective action looks like in thereal world, sharing practical insights on investigations, documentation, consistency, and the ever intriguing idea of "just cause." Kat brings clarity to a topic that's often overcomplicated, showing how clear policies, steady decision making, and a focus on fairness can make the process feel far more manageable. The conversation demystifies employee discipline and brings added perspective - and a little breathing room - to the process.
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Original text here: https://www.littler.com/news-analysis/podcast/littler-lounge-just-cause-chat-about-corrective-actions
[Category: BizLaw/Legal]
Halliburton Advances CCUS Performance With Launch of XTR CS Injection System
HOUSTON, Texas, Feb. 13 -- Halliburton Co., a provider of products and services to the energy industry, issued the following news release:
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Halliburton advances CCUS performance with launch of XTR(TM) CS injection system
Innovative wireline-retrievable solution delivers operational simplicity with proven performance under extreme temperature conditions
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Halliburton, (NYSE: HAL) launches the XTR(TM) CS injection system, a wireline-retrievable safety valve solution engineered for CO2 injection in carbon capture, utilization, and storage (CCUS) wells.
The system provides flexibility as
... Show Full Article
HOUSTON, Texas, Feb. 13 -- Halliburton Co., a provider of products and services to the energy industry, issued the following news release:
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Halliburton advances CCUS performance with launch of XTR(TM) CS injection system
Innovative wireline-retrievable solution delivers operational simplicity with proven performance under extreme temperature conditions
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Halliburton, (NYSE: HAL) launches the XTR(TM) CS injection system, a wireline-retrievable safety valve solution engineered for CO2 injection in carbon capture, utilization, and storage (CCUS) wells.
The system provides flexibility asa primary or contingency safety valve or as a deep-set reservoir fluid-flowback prevention device. Unlike traditional surface-controlled wireline valves, the XTR injection system's non-elastomeric design helps minimize leak paths and eliminate reliance on hydraulic operation systems. This system remains at steady performance at any setting depth, to simplify operations and inventory management.
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"The XTR CS injection system expands Halliburton's Completion Tools technology leadership in low-carbon technology solutions, allowing operators to maximize CCUS well performance. This technology helps ensure reliability and flexibility in harsh environments, allowing operators to inject CO2 efficiently and safely."
- Maxime Coffin, vice president, Halliburton Completion Tools
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The CS designation is a testament to Halliburton's technology capabilities. The rigorous CS qualification program ensures the system's operational integrity and survival capabilities in harsh CCUS environments.
The injection system can be tailored for specific injection media and fluid properties, offering low opening force, minimal pressure drop, and a wide range of injection rates. To extend operational life, high-velocity flow is directed away from seal areas, and a novel anti-throttle feature reduces valve wear, maximizing system reliability.
With the XTR CS injection system, Halliburton provides an adaptable solution to help operators achieve reliable CO2 injection performance and advance their carbon management goals.
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About Halliburton
Halliburton is one of the world's leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with us on LinkedIn, YouTube, Instagram, and Facebook.
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Original text here: https://www.halliburton.com/en/about-us/press-release/halliburton-advances-ccus-performance-launch-xtr-cs-injection-system
[Category: BizEnergy]
Extended Range GMLRS Achieves First M270A2 Launch and Completes AW System Qualification Tests
BETHESDA, Maryland, Feb. 13 [Category: BizAerospace] -- Lockheed Martin posted the following news release:
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Extended Range GMLRS Achieves First M270A2 Launch and Completes AW System Qualification Tests
DALLAS - Lockheed Martin (NYSE:LMT) conducted a successful 112-km flight test of its Extended Range GMLRS (ER GMLRS) at White Sands Missile Range, New Mexico. For the first time, an M270A2 launcher fired the Alternative Warhead (AW) rocket variant validating the system's precision, launcher integration and lethality. This milestone follows a successful test in January and marks the completion
... Show Full Article
BETHESDA, Maryland, Feb. 13 [Category: BizAerospace] -- Lockheed Martin posted the following news release:
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Extended Range GMLRS Achieves First M270A2 Launch and Completes AW System Qualification Tests
DALLAS - Lockheed Martin (NYSE:LMT) conducted a successful 112-km flight test of its Extended Range GMLRS (ER GMLRS) at White Sands Missile Range, New Mexico. For the first time, an M270A2 launcher fired the Alternative Warhead (AW) rocket variant validating the system's precision, launcher integration and lethality. This milestone follows a successful test in January and marks the completionof system qualification testing for the variant.
WHY IT MATTERS
* Operationally ready sooner: This test moves the AW variant a step closer to fielding by the U.S. Army and its international partners.
* Range doubled: ER GMLRS reaches 150 km, more than twice the 70-km range of the standard GMLRS.
* Reliability unchanged: Precision and reliability meet the high standards set by the original system.
* Expanded mission set: The added reach lets warfighters engage high-value, time-critical targets with broader battlespace coverage, supporting counterair defense suppression and delivering effects on demand against both point (unitary) and area (AW) targets.
* Force structure efficiency: ER GMLRS is fully compatible with existing HIMARS and M270A2 launchers, demonstrating launch from the M270A2 adds capability without requiring additional launch platforms or changes to unit organization.
EXPERT PERSPECTIVE
* "The successful launch from the M270A2 shows we can give warfighters a longer-range weapon on the rocket platform they already trust, extending strike capability without adding new logistics burdens," said Dave Griser, vice president, Lockheed Martin Precision Fires Rockets.
WHAT'S NEXT
* Operational testing: Soldiers will demonstrate ER GMLRS AW in follow-on operational tests during the first half of the year, prior to fielding.
* Global partnership growth: Rising demand across Europe and the Indo-Pacific will drive multinational fires training and sustainment initiatives, reinforcing U.S. and partner security networks.
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About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security(R) vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.
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Original text here: https://news.lockheedmartin.com/2026-02-12-Extended-Range-GMLRS-Achieve-First-M270A2-Launch-and-Completes-AW-System-Qualification-Tests
Eastman Increases Plasticizers Prices on March 1st, 2026
KINGSPORT, Tennessee, Feb. 13 -- Eastman Chemical Co. issued the following news release on Feb. 12, 2026:
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Eastman increases Plasticizers prices on March 1st, 2026
Effective March 1, 2026, or as contracts allow, Eastman Chemical Company is announcing a price increase of USD 0.05/lb. (USD 0.11/kg) in NAR for the following products:
* Eastman 168(TM) Non-Phthalate Plasticizer, all grades and packages
* Eastman(TM) DOP Plasticizer, all grades and packages
* Eastman(TM) DOA Plasticizer, all grades and packages
* Eastman VersaMax(TM) Plus, all grades and packages
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About Eastman
Founded
... Show Full Article
KINGSPORT, Tennessee, Feb. 13 -- Eastman Chemical Co. issued the following news release on Feb. 12, 2026:
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Eastman increases Plasticizers prices on March 1st, 2026
Effective March 1, 2026, or as contracts allow, Eastman Chemical Company is announcing a price increase of USD 0.05/lb. (USD 0.11/kg) in NAR for the following products:
* Eastman 168(TM) Non-Phthalate Plasticizer, all grades and packages
* Eastman(TM) DOP Plasticizer, all grades and packages
* Eastman(TM) DOA Plasticizer, all grades and packages
* Eastman VersaMax(TM) Plus, all grades and packages
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About Eastman
Foundedin 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.
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Original text here: https://www.eastman.com/en/media-center/news-stories/2026/eastman-increases-plasticizers-prices-on-march-1-2026
[Category: BizLaboratory Sciences]
BlackFog's 2025 State of Ransomware Report Reveals 49% Increase in Attacks Year on Year
CHEYENNE, Wyoming, Feb. 13 (TNSrep) -- BlackFog, a company that says it protects data and privacy and strengthens regulatory compliance, issued the following news release on Feb. 12, 2026:
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BlackFog's 2025 State of Ransomware Report Reveals 49% Increase in Attacks Year on Year
San Francisco, California - BlackFog, the leader in ransomware prevention and anti data exfiltration (ADX), today unveiled its 2025 State of Ransomware Report, a detailed analysis of ransomware activity from publicly disclosed and non-disclosed attacks globally.
The report shows that ransomware activity continues
... Show Full Article
CHEYENNE, Wyoming, Feb. 13 (TNSrep) -- BlackFog, a company that says it protects data and privacy and strengthens regulatory compliance, issued the following news release on Feb. 12, 2026:
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BlackFog's 2025 State of Ransomware Report Reveals 49% Increase in Attacks Year on Year
San Francisco, California - BlackFog, the leader in ransomware prevention and anti data exfiltration (ADX), today unveiled its 2025 State of Ransomware Report, a detailed analysis of ransomware activity from publicly disclosed and non-disclosed attacks globally.
The report shows that ransomware activity continuesto intensify, driven by the emergence of large-scale, AI-enabled attacks. As attackers prioritize speed, scale and stealth over disruption, 2025 marked a record-setting year for ransomware activity:
Key findings for 2025
* Publicly disclosed ransomware increased by 49% year on year. The total number reached a record high of 1,174 incidents, nearly four times higher than in 2020.
* There was a 37% rise in undisclosed attacks from 2024 - 2025.
Ransomware's most dangerous players
A total of 130 different ransomware groups carried out attacks in 2025, spanning both new and more established operators. Of these, 52 were new ransomware groups emerging in 2025 - representing a 9% increase compared to 2024.
* Qilin's activity surged, and in 2025 it was the most active ransomware group across both disclosed and undisclosed attacks claiming a total of 1,115 victims.
* Akira ranked second for disclosed attacks and third for undisclosed activity. In total, this group was linked to 776 total recorded attacks over the year.
* Play secured third place for disclosed attacks, accounting for 5% of the annual total, while INC ranked second in undisclosed activity, with 66 victims claimed.
Large scale, AI enabled attacks have arrived
2025 also saw the arrival of large scale AI-enabled attacks when attackers hijacked Anthropic's Claude model to autonomously perform reconnaissance, exploitation, and data theft - a first of its kind AI led cyberattack.
Retail sector in the spotlight, healthcare still the most targeted sector
With high-profile attacks affecting brands such as M&S, Cartier, Chanel, and other luxury retailers and fashion houses, the retail sector saw increased targeting. In terms of volume, the healthcare sector was once again the most targeted vertical sector, accounting for 22% of all disclosed ransomware attacks in 2025.
Nearly all sectors experienced increased attack volumes, with the services industry more than doubling year-on-year, recording a 118% increase. Education was the only sector to see a decline, with attacks decreasing by approximately 12%.
No nation is immune: 69% of all countries worldwide impacted
The report reveals the global threat of ransomware with organizations across 135 countries (69%) impacted by attacks in 2025. Among disclosed ransomware incidents, the United States remained the primary target, accounting for 58% of all recorded attacks. Australia and the United Kingdom followed, with 110 and 42 attacks respectively.
For undisclosed attacks, the US again topped the list, suffering 3,768 incidents. Canada followed, accounting for 6% of undisclosed attacks, with Germany close behind at 4%.
2025 also saw intense country-specific attacks with the Qilin ransomware group launching a sustained and highly targeted campaign against South Korean organizations - one of the most concentrated national attacks of the year.
Sharp rise in ransomware under the radar - 86% of all attacks are undisclosed
There was a sharp rise in undisclosed ransomware activity in 2025, with 7,079 victims announced by ransomware groups on dark web leak sites, representing a 37% increase compared to 2024. These figures indicate that approximately 86% of ransomware attacks are never publicly reported.
Dr Darren Williams, Founder and CEO of BlackFog, comments:
"The global impact of ransomware across 2025 has been unprecedented. From high street chains to hospitals, ransomware doesn't respect borders, the size of organization or the sector you're in. It's brought vital services, established companies - and the smaller partners who depend on them - to a grinding halt.
"Yet the disruption they cause is only part of the story. Attackers aren't just breaking in - they're intent on stealing data to power extortion. By weaponizing AI they can outpace defenders at a new scale and use stealthy targeted techniques to slip past traditional security measures. Putting protections in place to close these gaps and prevent data exfiltration has to take priority as attackers focus on targeting organizations' most sensitive information."
For a detailed look into the findings, download BlackFog's 2025 State of Ransomware Report (https://app.monstercampaigns.com/c/sjeamdqm90xpp3ecagpg)
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Methodology
This report was generated in part from data collected by the BlackFog Console over the specific report period January - December 2025. It highlights significant events that prevented or reduced the risk of ransomware or a data breach and provides insights into global trends for benchmarking purposes. This report contains anonymized information about data movement across hundreds of organizations and should be used to assess risk associated with cybercrime.
Industry classifications are based upon the ICB classification for Supersector used by the New York Stock Exchange (NYSE).
All recorded events are based upon data exfiltration from the device endpoint across all major platforms.
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About BlackFog
BlackFog is a global AI-based cybersecurity company that pioneered on-device anti data exfiltration (ADX) technology, delivering advanced protection against ransomware, data loss, and the rapidly growing threat of shadow AI. Its ADX platform ensures organizations can prevent unauthorized data movement, whether driven by cybercriminals or ungoverned AI tools, safeguarding customer data and trade secrets.
BlackFog recently won the coveted Cybersecurity Breakthrough Award for AI-based Cybersecurity Innovation of the Year. The company also won Gold at the 2025 Globee Awards for Best AI-Driven Data Protection Solution and for its State of Ransomware report.
Trusted by hundreds of organizations worldwide, BlackFog is redefining modern cybersecurity practices. For more information visit blackfog.com.
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Original text here: https://www.blackfog.com/2025-state-of-ransomware-report-released/
[Category: BizComputer Technology]
Announcing Berger Montague's New Trafficking and Forced Labor Practice
PHILADELPHIA, Pennsylvania, Feb. 13 -- Berger Montague, a law firm, issued the following news:
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Announcing Berger Montague's New Trafficking and Forced Labor Practice
Berger Montague, a leading national plaintiffs' law firm, has launched a new Trafficking and Forced Labor practice. For over 50 years Berger Montague has pursued justice on behalf of our clients and our classes. Our Trafficking and Forced Labor attorneys consistently take on powerful corporations.
"We've been doing this work for some time and are pleased to announce a dedicated practice group focused on fighting trafficking
... Show Full Article
PHILADELPHIA, Pennsylvania, Feb. 13 -- Berger Montague, a law firm, issued the following news:
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Announcing Berger Montague's New Trafficking and Forced Labor Practice
Berger Montague, a leading national plaintiffs' law firm, has launched a new Trafficking and Forced Labor practice. For over 50 years Berger Montague has pursued justice on behalf of our clients and our classes. Our Trafficking and Forced Labor attorneys consistently take on powerful corporations.
"We've been doing this work for some time and are pleased to announce a dedicated practice group focused on fighting traffickingand forced labor," said Executive Shareholder Michael Dell'Angelo. "Victims of trafficking are forced to work long hours, often for no or unlawfully low wages. Traffickers secure victims' labor through threats of serious harm that can include financial penalties, immigration or other legal consequences like lawsuits, and physical or psychological abuse," said Mr. Dell'Angelo.
We often file suit against companies under the Trafficking Victims Protection Reauthorization Act (TVPRA) and the Fair Labor Standards Act (FLSA). We pursue claims against the immediate traffickers, as well as any other company that knowingly benefitted from a venture that engaged in trafficking.
Recent cases and investigations concern Healthcare companies and recruiters that force foreign healthcare workers to work through threat of supposed "liquidated damages" provisions in the workers' contracts, which impose crushing financial penalties if workers leave their jobs. Most recently, we filed claimsagainst Interstaff, a healthcare employee recruiter that has threatened workers with over $100,000 in penalties if they leave, and routinely sues workers to recover these funds.
Our attorneys also represent a proposed class of dancers and musicians who have asserted trafficking claims against the Shen Yun dance company, its directors, and affiliates. These performers were separated from their families as minors and forced to work long hours for little to no pay, all while generating enormous profits for the defendants.
We are pursing active investigations into, companies, including airlines, that threaten repayment of oppressive and inflated "training repayment" penalties for any workers who cease working with the companies, and companies that recruit foreign workers under H-1B and H-1A visas and unlawfully threaten that the workers will be required to repay immigration fees, training or wages if they leave.
Our team of compassionate and skilled attorneys includes Michael Dell'Angelo, Michaela L. Wallin, and Mariyam Hussain. They fiercely advocate for trafficking victims and those who have experienced all types of forced labor. Read more about our Trafficking and Forced Labor practice at www.bergermontague.com/trafficking.
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Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
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Original text here: https://bergermontague.com/news/announcing-berger-montagues-new-trafficking-and-forced-labor-practice/
[Category: BizLaw/Legal]
