Latest Headlines
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Rhino Resources And Halliburton To Sign Contract For Integrated Deep-Water Services Offshore Namibia
4/24/2024
Halliburton Company today announced it has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd., a private company engaged in both onshore and offshore energy exploration in Africa.
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Transformational Combination Of Substantially All Of Eni’s UK Upstream Operations With Ithaca Energy, Creating A Leading United Kingdom Continental Shelf Production And Growth Company
4/23/2024
Eni S.p.A. (“Eni”) is pleased to announce today that it has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities (“Eni UK Business”) with Ithaca Energy plc, (“Ithaca”), marking a strategic move to significantly strengthen its presence on the UK Continental Shelf (the "UKCS") (the “Combination”).
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TotalEnergies Signs An Agreement In View Of Acquiring The Remaining 50% Of Sapuraomv, A Significant Upstream Gas Operator In Malaysia
4/22/2024
TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530M, subject to closing adjustments. Closing is expected in the second half of 2024.
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SLB Introduces Two Innovative Artificial Lift Systems To Enhance Performance And Operating Range
4/21/2024
SLB today introduced two advanced artificial lift systems: The Reda Agile compact wide-range electric submersible pump (ESP) system and the rodless Reda PowerEdge electric submersible progressing cavity pump (ESPCP) system. Their breakthrough designs deliver enhanced reliability and efficiency.
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Energy Workforce & Technology Council Denounces Administration’s Decision To Bock Drilling In National Petroleum Reserve
4/19/2024
Today, the Energy Workforce & Technology Council released the following statement strongly condemning the Administration’s move to block oil and gas drilling across over 13 million acres of the National Petroleum Reserve, a vital component of our nation’s energy security.
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Biden-Harris Administration Takes Critical Action To Protect Alaska Native Subsistence, Lands And Wildlife
4/19/2024
The Department of the Interior today took two actions to help ensure millions of acres in Alaska are appropriately managed to protect the subsistence economy important to Alaska Native people and rural communities; conserve important fish and wildlife habitat; and balance extractive activities on public lands.
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Petrofac Supporting National Oil Company Of Equatorial Guinea
4/18/2024
Petrofac, a leading provider of services to the global energy industry, has today been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.
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Kimmeridge Withdraws Proposal To Combine Silverbow With Kimmeridge Texas Gas
4/16/2024
Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources ("SilverBow" or the "Company") holding 12.9% of outstanding shares, today issued the following statement:
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GD Energy Products Combines Innovation And Serviceability With Enhanced Fluid End Design For GD 800HDD Pumps
4/16/2024
GD Energy Products (GDEP), the leading total solutions provider for the frac, drilling and well servicing market, delivers superior performance to the horizontal directional drilling (HDD) market with its latest fluid end design for the GD 800HDD pump.
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bp Begins Oil Production From Major New Platform Offshore Azerbaijan
4/16/2024
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, today announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.