Reelwell AS has secured a multi-year contract with Vår Energi ASA to deploy its DualLink powered digital drill pipe technology. The milestone agreement will see the DualLink deployed offshore on the Norwegian Continental Shelf (NCS) for the first time. SourceContinue Reading

Suriname’s Economy Forecast To Grow 55% In 2028 With First Oil | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 29, 2025, 12:30 PM CST Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when...Continue Reading

China’s Search for a New Economic Engine | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jan 29, 2025, 12:00 PM CST China is shifting its economic...Continue Reading

SLB has opened its Africa Performance Center in Luanda, Angola. The center will serve as a collaborative hub for industry stakeholders providing access to innovative solutions across digital, AI, oil and gas and new energy sectors within Angola and Africa. SourceContinue Reading

U.S. Upstream Oil & Gas M&A Hit $105 Billion In 2024 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 29, 2025, 11:30 AM CST Mergers and acquisitions in the U.S. upstream oil and gas industry hit $105...Continue Reading

Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has entered into a cooperation agreement with Australia-based R&D Solutions, expanding the company’s presence in Asia Pacific. SourceContinue Reading

Ukraine Launches Major Drone Assault on Russian Oil Infrastructure | 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 – Jan 29, 2025, 11:00 AM CST Ukraine carried out...Continue Reading

Development Banks Have $56-Billion Plan to Boost Africa’s Access to Electricity | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2025, 10:30 AM CST International lenders and partners this week committed another $8 billion in financing to a $48-billion project by the World Bank...Continue Reading

Crude oil inventories in the United States saw a large build of 3.5 million barrels during the week ending January 24, according to the U.S. Energy Information Administration. Crude oil prices were trending lower today prior to the release of the U.S. Energy Information Administration, with both the WTI and Brent benchmarks trading down roughly...Continue Reading

Ukraine Drones Hit Second Russian Oil Refinery in Less Than a Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2025, 9:30 AM CST Ukraine early on Tuesday hit with drones an oil refinery near Nizhny Novgorod in western Russia, the General Staff...Continue Reading