Latest Headlines

  1. Structural Twin Unlocks 35% OPEX Reduction As Akselos Launches Structural Performance Management For FPSOs 9/12/2024

    Akselos, a global leader in Structural Performance Management (SPM), launches its cutting-edge SPM for FPSO 4.0 software. The revolutionary software enhances asset performance, ensures uninterrupted operations and extends asset life of FPSOs.

  2. Industry Appeals Gulf Of Mexico Court Ruling, Warns Of Significant Consequences For American Energy Security 9/12/2024

    The American Petroleum Institute (API), EnerGeo Alliance, the National Ocean Industries Association (NOIA), and Chevron U.S.A. Inc. today released the following joint statement after filing an appeal of the U.S. District Court for the District of Maryland’s decision to vacate the National Marine Fisheries Services’ (NMFS) Biological Opinion in the Gulf of Mexico.

  3. Reducing Emissions From The Troll Field 9/11/2024

    On Saturday, 7 September, Troll B and C became partly powered from shore. This reduces annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2.

  4. Diamondback Energy, Inc. Closes Merger With Endeavor Energy Resources, L.P 9/10/2024

    Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it has closed its merger with Endeavor Energy Resources, L.P. (“Endeavor”).

  5. Transocean Ltd. Announces $232M Ultra-Deepwater Drillship Contract 9/10/2024

    Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico.

  6. Aquaterra Energy Launches Legacy Well Re-Entry And Re-Abandonment Services To Enable Offshore CCS And Hydrogen Storage Projects 9/10/2024

    Aquaterra Energy, a leader in offshore engineering solutions, today announces the launch of its legacy well re-entry and re-abandonment services along with its new patent-pending Recoverable Abandonment Frame (RAF).

  7. CNOOC Limited Announces Another Major Breakthrough In Ultra-Deepwater Natural Gas Exploration 9/10/2024

    CNOOC Limited announced that it has drilled a natural gas well in the ultra-deepwater Liwan 4-1 structure in the Pearl River Mouth Basin.

  8. ADNOC Signs Heads Of Agreement With IndianOil For Ruwais LNG Project 9/10/2024

    ADNOC announced today the signing of a long-term Heads of Agreement (LNG agreement) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).

  9. APA Announces Agreement For $950M Asset Sale Of Non-Core Properties In The Permian Basin 9/10/2024

    APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments.

  10. API Warns Of Significant Consequences For American Energy Security Following Gulf Of Mexico Court Ruling 9/9/2024

    The American Petroleum Institute (API) is raising concerns over the recent decision by the U.S. District Court for the District of Maryland to vacate the National Marine Fisheries Services’ (NMFS) Biological Opinion in the Gulf of Mexico.