Latest Headlines

  1. Equinor Completes Divestment Of Onshore Asset In Venezuela 7/29/2021

    Equinor and state-owned Petróleos de Venezuela (PdVSA) have completed a transaction whereby Equinor will transfer its 9.67% non-operated interest in the Petrocedeño project onshore Venezuela to Corporación Venezolana del Petróleo (CVP), a PdVSA company.

  2. APA Corporation Announces Appraisal Drilling Success Offshore Suriname In Block 58 7/29/2021

    APA Corporation (Nasdaq: APA) today announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. As previously noted, the primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development.

  3. ExxonMobil Announces Oil Discovery At Whiptail, Offshore Guyana 7/28/2021

    ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs.

  4. Texsteam And WellAware Enter Partnership To Reduce Chemical Injection Operations Expenses 7/28/2021

    Dresser Utility Solutions, formerly Dresser NGS, a leading provider of metering, electronics, instrumentation, flow control, distribution repair products, and over pressure protection devices to utility and industrial customers, has announced a new partnership between Texsteam and WellAware.

  5. Membrane Technology Business Accelerating Growth Plans 7/27/2021

    UK technology business G2O Water Technologies recently completed an equity funding round, with existing and new investors backing the business to accelerate growth.

  6. Proserv Lands Key Manufacturing Order From BOC For Majnoon Oil Field 7/27/2021

    Aberdeen based global controls technology company Proserv Controls has secured a significant contract to manufacture and deliver 22 wellhead control panels (WHCP) to the Basra Oil Company (BOC) for use on the Majnoon Oil Field in southern Iraq.

  7. Halliburton Launches Low Cost, Direct Fracture Monitoring Service 7/27/2021

    Halliburton Company today introduced ExpressFiber, a single-use fiber optic cable that offers accurate, direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad.

  8. New Edition Of Global Pipeline Standard Enhances Safety And Strengthens The Environmental Sustainability Of Pipelines 7/27/2021

    The American Petroleum Institute (API) today published Standard (Std) 1104, 22nd Edition, Welding of Pipelines and Related Facilities, updating an important global standard that supports industry-wide actions to strengthen environmental sustainability efforts while meeting growing energy demand.

  9. Corva And NexTier Join Forces To Enable Remote Management Of Completions, Improve ESG, And Accelerate Innovation Delivery 7/26/2021

    Corva, the leader in real-time drilling and completions analytics, and NexTier Oilfield Solutions (NYSE: NEX, “NexTier”), a leading oilfield services company in U.S. land basins, announced a strategic technology partnership.

  10. ExxonMobil, SABIC Reach Mechanical Completion For Gulf Coast Growth Ventures Derivatives 7/26/2021

    ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units