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World Oil News
Bowman Consulting Group has entered into a definitive purchase agreement to acquire UP Engineering, a San Antonio, Texas-based firm specializing in civil engineering and surveying services. UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects. Source
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The CPA awarded to Accell enables Aramco to efficiently procure InflowControl’s patented AICV® technology to support the reduction of unwanted water and increase of net-oil from their onshore and offshore wells. Source
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National Ocean Industries Association President Erik Milito has issued a statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL No. 2023-G01, Expanded Rice’s Whale Protection Efforts During Reinitiated Consultation with NMFS. Source
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ConocoPhillips will sell its interests in the Gulf of Mexico Ursa and Europa fields to Shell for $735 million, both companies confirmed today. ConocoPhillips continues to work towards a strategy of divesting noncore assets, while Shell looks to strengthen its deepwater portfolio. Source
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Wood has been awarded a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) and subsea and integrity management to onshore and offshore assets across the UK. Source
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Exxon Mobil Corp. outlined plans to increase natural gas production from Guyana and is considering export options, country manager Alistair Routledge said, citing pressure from the government to do more with the natural gas that’s found alongside its crude. Source
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Ecopetrol SA sees “great potential” for E&P activity in Colombia alongside bets on U.S. fracing and offshore gas. Ecopetrol has full ownership of the CPO-09 block in Colombia’s oil-rich eastern plains after completing its $452 million acquisition of Repsol SA’s 45% stake. Source
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The Railroad Commission of Texas assessed $1,346,019 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. Source
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Seatrium Offshore Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 3. Source
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SUARDIAZ Group has unveiled its new subsea vessel, RS Alegranza, at the Astander shipyard in Cantabria. The vessel will undergo harbor and sea acceptance tests to ensure offshore compliance before beginning operations in the North Sea. Source
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