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March 4, 2025
SLB today launched EWC™ electric well control technologies, which reduce capex and opex, while making mission-critical drilling operations safer. EWC technologies replace hydraulics with a simplified electric power system, SLB stated. Source
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A Fluor-led joint venture has successfully supported completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. A new Third-Generation Plan (3GP) was built at the Tengiz oil field, marking a ramp-up for crude production in the coming months. Source
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TDI-Brooks recently conducted seismic site surveys and pipeline route assessments for SPDC offshore Nigeria, deploying its survey vessel, R/V PROTEUS to identify potential drilling hazards and risks along the proposed pipeline route. Source
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U.S. Bondholders Bear the Burden of Sanctions Against Venezuela | OilPrice.com Jose Chalhoub Jose is a freelance political risk analyst focusing on Lat-Am, Russian and MENA regions. He worked for 13 years at Venezuela’s PDVSA. Jose has a… More Info Premium Content By Jose Chalhoub – Mar 04, 2025, 5:00 PM CST US sanctions on...
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Italy Overturns 40-Year Nuclear Ban | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Mar 04, 2025, 4:00 PM CST Italy’s government has approved a law to...
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Crude Oil Inventories See Larger Than Expected Drop | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Mar 04, 2025, 3:53 PM CST The American Petroleum Institute (API) estimated that crude oil...
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Transatlantic Tensions Create Openings for Chinese Influence | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Mar 04, 2025, 3:00 PM CST China sees opportunities to improve...
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BP Plc’s strategy reset isn’t even a week old, but it’s already showing some vulnerabilities. Two of the company’s most important pledges to investors require Brent above $70. The international benchmark is likely to fall below that crucial threshold, according to Bloomberg. Source
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Iron Ore Market Volatility Sparks Global Concern | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Mar 04, 2025, 2:00 PM CST The iron ore market is...
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TDI-Brooks recently conducted seismic site surveys and pipeline route assessments for SPDC offshore Nigeria, deploying its survey vessel, R/V PROTEUS to identify potential drilling hazards and risks along the proposed pipeline route. Source
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