Latest Headlines
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Petrofac Extends Turkmengas Relationship With Galkynysh Gas Field Operations Support Contract
3/8/2024
Petrofac, a leading provider of services to the global energy industry, has been awarded an operations contract from Turkmengas at the Galkynysh Gas Field, in Turkmenistan.
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Starts Production From Hibiscus South Field Five Months After Discovery
3/8/2024
BW Energy is pleased to announce that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery was made in November 2023.
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CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery Of Kaiping South In South China Sea
3/8/2024
On March 8, CNOOC Limited announced that the company has made a major oilfield discovery of Kaiping South in the deep-water deep-play of the South China Sea, which adds over a hundred million tons of oil equivalent proved in-place volume.
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Fort McKay First Nation And Suncor Energy To Partner On Prospective Oil Sands Development Opportunity On Reserve Lands
3/7/2024
Fort McKay First Nation (FMFN) and Suncor today announced the signing of a Memorandum of Understanding (MOU) on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory.
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Progress Continues In US Oil And Gas Emissions Reduction Efforts
3/6/2024
Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading and energy-dedicated SaaS company, has released a report that serves as a U.S. emissions stocktake for the oil and gas sector, evaluating industry progress based on the latest data issued by the U.S. Environmental Protection Agency.
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South Africa: TotalEnergies Expands Its Presence In The Orange Basin With A New Offshore Exploration License
3/6/2024
TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure.
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API Raises Concerns With New SEC Risk Disclosure Rule
3/6/2024
The American Petroleum Institute (API) released the following statement today from API Senior Vice President and Chief Counsel Ryan Meyers on the U.S. Securities and Exchange Commission’s (SEC) release of its final climate-related risk disclosure rule:
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Further SNS Gas Production Gains From Drilling Success At Perenco’s Ravenspurn Fields
3/5/2024
Perenco UK is pleased to announce the successful start-up of gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea (SNS).
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$500M In Value Generated By ADNOC Through Deployment Of AI Solutions In 2023
3/5/2024
The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making. Together, these applications also abated up to 1 million tonnes of carbon dioxide (CO2) emissions between 2022 and 2023, the equivalent of removing around 200,000 gasoline-powered cars from the road.
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BCCK's NiTech Nitrogen Recovery Unit Features Environmentally Friendly Design For Reduced Emissions In Permian Basin
3/5/2024
BCCK, a leader in engineering, procurement, fabrication and field construction services, has announced the receipt of an award of a NiTech Style IV nitrogen rejection unit (NRU) in the Permian Basin.