News

This final investment decision (FID) marks the initiation of a strategic campaign to deliver three wells, with the primary goal of augmenting production at the Perdido spar, situated approximately 200 ...
In a recent release of O.C. Tanner’s 2024 Global Culture Report, deskless workers in the oil and gas industry express significant concerns about their workplace perception. The report, based on ...
Saudi Aramco, a leading integrated energy and chemicals company, has entered into definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (GO). GO is a diversified downstream ...
Under the agreement, Cory commits to exclusive cooperation with the Viking CCS project, focusing on exploring the potential transportation and storage of captured CO2 into the Viking CO2 ...
Weatherford International plc has successfully won a competitive tender to secure a five-year contract with Petróleo Brasileiro S.A. (Petrobras) in Brazil. The contract involves providing Drill Pipe ...
BrasFELS Shipyard, a member of the Singapore-based Seatrium Group, has been awarded a contract by Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to complete portions of the topside ...
Recent deepwater oil discoveries off the Namibian coast have ignited significant excitement within the industry, according to Wood Mackenzie's Upstream Research Director Ian Thom.
Located approximately 19 miles (30 km) offshore in the Gulf of Mexico, east of Venice, Louisiana, the leaking crude oil pipeline has prompted swift action from environmental and maritime authorities.
Petronas Suriname E&P, in collaboration with ExxonMobil Exploration and Production Suriname, has announced a recent oil discovery at the Roystonea-1 exploration well within Block 52, located offshore ...
David Whitehouse, Chief Executive of Offshore Energies UK, emphasized the importance of a continuous influx of new licenses to avoid disruptions in domestic production and ensure the reliability of ...
In a significant restructuring move, Shell has announced a reduction of approximately 15% in its low-carbon solutions division's workforce and a scaling back of its hydrogen operations, part of CEO ...
The recent surge of megadeals in the United States indicates a strong foothold for fossil fuels, according to Prince Abdulaziz bin Salman, the Energy Minister of Saudi Arabia. Speaking at the annual ...