Latest Headlines
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SLB And Star Energy Geothermal Announce Technology Collaboration
1/22/2025
Global energy technology company SLB and leading geothermal developer Star Energy Geothermal, a subsidiary of Indonesia’s largest renewable energy company Barito Renewables, today announced a collaboration agreement to accelerate advanced technologies for geothermal asset development.
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Aramco And SandboxAQ Sign AI Agreement
1/22/2025
SandboxAQ announced today it has signed an agreement with Aramco, one of the world’s leading integrated energy and chemicals companies, to collaborate on developing a multi-GPU enabled differentiable computational fluid dynamics solver for application in oil and gas processing facilities.
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KBR Expands Support For Saudi's Energy Future
1/22/2025
KBR announced today it has been awarded a contract to support sustainable production of energy resources in Saudi Arabia by contributing to the delivery of Saudi Aramco’s Master Expansion Program and increasing gas handling capacity at key regional locations.
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NOIA Ready To Drive Offshore Energy With Trump Administration
1/20/2025
National Ocean Industries Association President Erik Milito issued the following statement regarding the inauguration of President Donald Trump.
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API Applauds President Trump's Day One Energy Executive Orders
1/20/2025
American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement in response to President Trump’s Day One executive orders to unleash American energy.
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Kimbell Royalty Partners Closes $230M Acquisition Of Midland Basin Mineral And Royalty Interests In Cash Transaction
1/17/2025
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 17 million gross acres in 28 states, today announced that it has closed the previously announced purchase of mineral and royalty interests (the "Acquired Assets") held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments (the "Acquisition").
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Envana Secures Grant For $5.2M DOE Methane Mitigation Technology Project
1/16/2025
“Envana Software Solutions” (Envana) has been awarded a $4.2M grant by the “U.S. Department of Energy” (DOE) to advance oil and gas methane monitoring and mitigation technologies.
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Kongsberg Maritime Delivers First REACH REMOTE USV
1/16/2025
A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime.
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Helmerich & Payne Completes Acquisition Of KCA Deutag
1/16/2025
Helmerich & Payne, Inc. (“H&P” or the “Company”) today announced that it has completed its acquisition of KCA Deutag International Limited (“KCA Deutag”), establishing a global leader in onshore drilling.
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ADNOC And AIQ Successfully Complete Trial Phase Of Agentic AI Solution
1/16/2025
ADNOC and AIQ announced today the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tailored for the energy sector.