Latest Headlines
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APA Corporation Announces Fourth-Quarter And Full-Year 2023 Financial And Operational Results
2/21/2024
APA Corporation (Nasdaq: APA) today announced fourth-quarter and full-year 2023 results.
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ASCO Secures Major Contract With bp For Its Trinidad And Tobago Operations
2/20/2024
Leading material management and logistics provider ASCO has secured a five-year contract with bp Trinidad and Tobago (bpTT).
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Chesapeake Reports Fourth Quarter And Full-Year 2023 Financial And Operating Results And Issues 2024 Outlook
2/20/2024
Chesapeake Energy Corporation (NASDAQ:CHK) today reported fourth quarter and full-year 2023 results and issued 2024 guidance.
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Acacia Research Expands Oil And Gas Investments Through Benchmark Energy’s Transformative Acquisition In The Western Anadarko Basin
2/20/2024
Acacia Research Corporation (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmark”), has entered into a Purchase and Sale Agreement (“PSA”) to acquire certain upstream assets and related facilities (the “Assets”) in Texas and Oklahoma from a private seller (such transaction, the “Acquisition”).
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API Launches New Certification For Refractory Lining Inspectors
2/20/2024
The American Petroleum Institute (API) today announced an expansion of its individual certification programs to refractory lining inspectors.
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Oil And Gas Industry Shows Resilience Amid 16% QoQ Decline In Overall Contract Volume During Q4 2023, Reveals GlobalData
2/19/2024
Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 2023 to 1,172 in Q4 2023. However, despite this downturn, a marginal uptick in overall contract value hints at resilience during the challenging times, reveals GlobalData, a leading data and analytics company.
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TechnipFMC Awarded Substantial iEPCI Contract For Sparta Project
2/15/2024
TechnipFMC has been awarded a substantial(1) contract by Shell plc for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi (20K).
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At IEA Ministerial Meeting And 50th Anniversary, Global Leaders Pledge To Strengthen Energy Security And Accelerate Clean Transitions To Keep 1.5 °C Target Alive
2/14/2024
Co-chaired by France and Ireland, meeting of ministers from around the world delivers mandates for IEA on membership talks with India, opening a regional centre in Singapore, launching a critical minerals security programme, and leading on implementation of COP28 outcomes
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ADNOC And bp To Form Gas Joint Venture
2/14/2024
ADNOC and bp today announce that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical capabilities and proven track records as it aims to grow a highly competitive gas portfolio.
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Deepocean Awarded Guyana Offshore Contract
2/14/2024
Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and IMR (inspection, maintenance, and repair) services offshore Guyana, South America.