Latest Headlines
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Baker Hughes’ Emissions Abatement Technology Enables bp To Achieve Flare Emissions Monitoring Breakthrough
3/14/2024
Baker Hughes (NASDAQ: BKR), an energy technology company, has announced a breakthrough in flare emissions monitoring following a collaboration with bp.
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As Project Economics Rebound, Upstream Fids To Increase In 2024, With Focus On Deepwater Resources
3/14/2024
Up to 30 upstream projects larger than 50 million of barrels of oil equivalent (boe) could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.
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PEL 83 Exploration Campaign Update 4 - New Significant Light Oil Discovery & Successful Appraisal At Mopane-2X
3/14/2024
Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to provide the following update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as the one of the world’s most prospective oil and gas regions.
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Subsea7 Awarded Contract Offshore Mexico
3/14/2024
Subsea7 today announced the award of a large(1) contract by Woodside Energy to provide subsea installation services for the Trion development.
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Two Thousand Jobs Maintained Through Four-Year Drilling Contract
3/14/2024
Equinor, on behalf of the partners, is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS for a total of four years.
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EIA Expects Low Natural Gas Prices To Continue In 2024, Slightly Reducing Production Compared With 2023
3/12/2024
The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 perM British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022.
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Parker Wellbore And TDE Join Forces To Transform The Drilling Industry With tde powerline
3/12/2024
Parker Wellbore and TDE have entered into an exclusive strategic alliance aimed at revolutionizing the drilling process. The TDE /Parker partnership will perform pilot projects and commercialize TDE’s proprietary tde powerline downhole power and data highway and will provide tde powerline services globally.
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ADNOC Issues Early EPC Award For Ruwais LNG Project
3/12/2024
ADNOC announced today that it has issued a Limited Notice to Proceed (LNTP) for early engineering, procurement and construction (EPC) activities to a joint venture, led by Technip Energies, with JGC Corporation and National Petroleum Construction Company PJSC for its low-carbon liquefied natural gas (LNG) project in Al Ruwais Industrial City, Abu Dhabi.
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EQT Announces Transformative Acquisition Of Equitrans Midstream
3/11/2024
EQT Corporation ("EQT") and Equitrans Midstream Corporation ("Equitrans") today announced that they have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion, that is well positioned to be a globally competitive American energy leader.
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Petrofac Extends Turkmengas Relationship With Galkynysh Gas Field Operations Support Contract
3/8/2024
Petrofac, a leading provider of services to the global energy industry, has been awarded an operations contract from Turkmengas at the Galkynysh Gas Field, in Turkmenistan.