C-Kore Systems recently delivered its subsea testing tool- TDR (Time Domain Reflectometry) to Belfast within six hours of receiving the initial request from Vermilion Energy, marking their fastest delivery in the company’s history. SourceContinue Reading
Teledyne Geophysical Instruments has launched eXtreamer, a small form factor streamer engineered for high-resolution marine seismic surveys. This adaptable system excels in challenging deployments, including large-scale configurations and compact winch systems. SourceContinue Reading
Shale oil producers added a single drill rig this week, staving off at least for now a pandemic-level downturn in U.S. activity. The reversal suggests drillers may be close to done releasing rigs after a 14% drop over past three months, analysts say. SourceContinue Reading
Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years. SourceContinue Reading
ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA FPSO brings total installed capacity in Guyana to above 900,000 bopd. SourceContinue Reading
Milbank LLP is advising YPF S.A. in connection with its definitive agreement with Total Austral S.A., an affiliate of TotalEnergies, to acquire a 45% interest in Rincón La Ceniza and La Escalonada, two unconventional oil and gas blocks located in Argentina, for $500 million. SourceContinue Reading
Egypt will boost its contracted purchases of natural gas from Israel’s Leviathan field under a new agreement starting next year, deepening the country’s dependence on imports of the fuel for the long haul. SourceContinue Reading
Danos has acquired Wood’s U.S. onshore labor supply operations, expanding its oil and gas workforce presence in shale regions like the Permian and Eagle Ford. SourceContinue Reading
Russia’s crude exports have declined slightly since 2022, but the destination has shifted dramatically from Europe to Asia, with China and India now the top importers, according to the EIA. SourceContinue Reading
