Latest Headlines
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Petrobras Discovers Oil In Ultra-Deep Waters Of The Potiguar Basin
4/9/2024
Petrobras discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, in the POT-M-762_R15 Concession.
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TotalEnergies Expands Its Natural Gas Production In Texas
4/8/2024
TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play, increasing its natural gas production capacity in Texas and further strengthening its business integration in the U.S. LNG value chain.
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Algeria: TotalEnergies Expands Its Partnership With SONATRACH In Timimoun Region And In The Marketing Of LNG
4/8/2024
TotalEnergies and SONATRACH have signed a Memorandum of Understanding with the aim of concluding a hydrocarbon contract in the north-east Timimoun region, under the aegis of Law n°19-13 governing hydrocarbon activities.
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ADNOC Announces First Production From Belbazem Offshore Block
4/8/2024
ADNOC announced today the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.
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Henkel Closes Acquisition Of Specialized Supplier For Protective Coating And Sealing Solutions
4/4/2024
Henkel has successfully completed the acquisition of the US-based Seal for Life Industries LLC (“Seal for Life”) from Arsenal Capital Partners (USA). Seal for Life is a specialized supplier of protective coating and sealing solutions in a broad variety of infrastructure markets such as renewable energy, oil and gas, and water. The signing of the transaction took place in February 2024.
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API Publishes Community And Stakeholder Engagement Standard For Upstream Operations
4/4/2024
API recently announced the publication of a community engagement standard for U.S. based upstream onshore operations. Recommended Practice (RP) 100-3, Community Engagement, 2nd edition provides a framework to assess, plan, and implement effective and meaningful stakeholder engagement strategies that are aligned with community values and priorities throughout every phase of onshore development.
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Petro-Victory Energy Corp. Provides Update On SJ-06 Well Workover At 100% Owned São João Field Located In Northeast Brazil In The Barreirinhas Basin
4/4/2024
Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) is pleased to provide an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil.
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Craig International Underlines Growth In The Middle East With New Contract Win
4/4/2024
Craig International’s rapid growth in the Middle East has been underpinned by a recent contract win with QatarEnergy LNG, formerly Qatargas.
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Baker Hughes To Supply Snam With Hydrogen-Ready Technology To Support Decarbonization And Resilience Of The Italian Gas Network
4/3/2024
Baker Hughes, an energy technology company, announced Wednesday it was awarded a contract to be booked in the first quarter of 2024 from Snam, Europe’s leading operator in natural gas transportation, storage and regasification, to provide three NovaLT™12 gas turbine driven compressor trains for a new gas compressor station in Sulmona (Italy).
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Transocean Ltd. Announces $195M Ultra-Deepwater Drillship Contract
4/1/2024
Transocean Ltd. (“Transocean”) today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.