Latest Headlines
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Oxy Oman And OQ Gas Networks Sign MoU For A Strategic Collaboration To Develop Carbon Management Platforms In Oman
11/8/2023
Oxy Oman, the leading independent oil & gas producer in Oman, and OQ Gas Networks SAOC (OQGN), the sole transporter of natural gas in Oman, announced the signing of a Memorandum of Understanding (MoU) to jointly study potential carbon capture, utilization, and sequestration (CCUS) projects in Oman.
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API, AOGA Urge Biden Administration To Reverse Lease Cancellations In Alaska’s Arctic National Wildlife Preserve
11/7/2023
The American Petroleum Institute (API) today urged the Biden administration to support Alaskan communities, the economy and U.S. energy security by allowing for essential energy production in Alaska’s Arctic National Wildlife Reserve (ANWR).
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Kenera Secures New Orders From Arabian Drilling For Key Drilling Technologies
11/7/2023
Kenera has secured a contract to deliver five top drives and five iron roughnecks to Arabian Drilling for new build rigs to operate on a major project in Saudi Arabia.
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Halliburton And Sekal Enter Agreement To Deliver Leading Well Construction Automation Solutions
11/7/2023
Halliburton Company and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
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ExxonMobil Elects Dina Powell McCormick To Board Of Directors
11/7/2023
Exxon Mobil Corporation announced today that Dina Powell McCormick will join its board of directors, effective January 1. Ms. Powell McCormick is currently vice chairman, president and global head of Client Services at BDT & MSD Partners, an investment and advisory firm, and previously spent 16 years at The Goldman Sachs Group Inc., most recently as a member of its Management Committee.
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ABL Secures Rig Moving Agreement With Velesto Drilling
11/6/2023
Energy and marine consultancy ABL has been awarded a contract by Velesto Drilling to provide marine warranty survey (MWS) services relating to the rig operator’s rig moves offshore Malaysia.
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Crescent Point Transforms Portfolio With Strategic Alberta Montney Consolidation
11/6/2023
Crescent Point Energy Corp. ("Crescent Point" or the "Company") is pleased to announce that it has entered into an arrangement agreement (the “Agreement”) to acquire Hammerhead Energy Inc. (“Hammerhead”), an oil and liquids-rich Alberta Montney producer, for total consideration of approximately $2.55B, including approximately $455M in assumed net debt, consisting of cash and common shares of the Company (the “Transaction”).
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Panoro Energy Announces Significant Oil Discovery Offshore Gabon
11/6/2023
Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the Hibiscus South well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5 percent working interest).
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Halliburton, Oil States Industries Collaborate To Provide Innovative Deepwater Managed Pressure Drilling Solutions
11/6/2023
Halliburton Company and Oil States Industries, Inc. today announced a strategic collaboration that combines two award-winning technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.
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CGG and LightOn Collaborate To Evaluate Industrial HPC And AI Models
11/6/2023
CGG, a global technology & HPC leader, and LightOn, a pioneering artificial intelligence (AI) company, have joined forces under a new contract to leverage CGG's industrial High-Performance Computing (HPC) solutions.