ADNOC has awarded a contract to BGP worth up to $490 million to expand the scope of the world’s largest combined 3D onshore and offshore seismic survey underway in Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields. SourceContinue Reading

nexos, formerly known as Global E&C, has won an HVAC contract with energy transition operator EnQuest to provide services to their offshore assets in the U.K. Continental Shelf (UKCS). SourceContinue Reading

Largest UK North Sea Oil Producer Raises Output Guidance | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 07, 2024, 9:30 AM CST Harbour Energy, the largest oil producer in the UK North Sea, lifted on Thursday its full-year production guidance for 2024 to reflect...Continue Reading

Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the National Republican Senate Committee flipping the U.S. Senate. SourceContinue Reading

When it comes to the price of oil, geopolitical volatility is usually a tailwind. However, when it comes to what big oil CEOs worry about the most, these conflicts – including the ongoing ones in the Middle East – are top of the list, according to a new report from Bloomberg. Oil executives are meeting...Continue Reading

Turbine Maker Nordex Sees ‘Large Enough’ U.S. Onshore Wind Market Despite Trump | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 07, 2024, 8:30 AM CST Despite Donald Trump’s victory...Continue Reading

Italy Urges EU to Revise Plans for Gasoline Car Ban in 2035 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 07, 2024, 7:30 AM CST One of Europe’s biggest...Continue Reading

China’s Crude Oil Imports Continue to Slump | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 07, 2024, 6:00 AM CST China’s crude oil imports continue to be weak, with...Continue Reading

Biden Administration Plans Minimal Alaska Oil Lease Sale | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 07, 2024, 5:02 AM CST The Biden Administration plans to offer the minimal...Continue Reading

Citi analysts have forecast that Brent crude would average $60 per barrel next year driven lower by the energy policies of the incoming U.S. administration. The bank noted import tariffs and higher oil production as the driving factors behind this forecast for oil prices. Analysts also suggested Trump may use his “influence on OPEC+” to...Continue Reading