Latest Headlines
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Endress+Hauser Is Developing Strongly
2/21/2024
Endress+Hauser has developed strongly in its 70th anniversary year. The specialist for measurement technology and automation solutions increased its consolidated sales by 11 percent to more than 3.7 billion euros in 2023.
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Perenco Oil & Gas Gabon Spuds Appraisal Well Close To Hylia South West Discovery
2/21/2024
Perenco Oil & Gas Gabon (POGG) is pleased to confirm that it has spud an appraisal well in the vicinity of the Hylia South West discovery, offshore Gabon.
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Bechtel And Five Point Energy Announce Sustained Pilot Operations Of Innovative Water Conservation Technology
2/21/2024
Bechtel, a global leader in engineering, procurement, construction, and project management, today announced the sustained pilot operations of its proprietary Low Energy Ejector Desalination System (LEEDS) – a long-awaited economic solution that creates a valuable new supply of water for customers and communities, which in turn reduces stress on limited freshwater resources.
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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).