TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from bp for its greenfield Kaskida development in the Gulf of Mexico. SourceContinue Reading
Equinor has acquired a 9.8% minority stake in Ørsted—a transaction which establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. SourceContinue Reading
Russia’s crude shipments rose to the highest in three months, with more oil available for export after the country’s refineries embarked on seasonal maintenance. SourceContinue Reading
Gran Tierra Energy Inc. has announced that the shareholders of i3 Energy plc, a public limited company organized under the laws of England and Wales, have approved Gran Tierra’s previously announced acquisition of i3 Energy. SourceContinue Reading
Oilfield Service Professionals LLC (OSP) has entered a global technology alliance with Alpha Oil Tools to boost operational efficiency and reliability in oil and gas operations. SourceContinue Reading
Equinor has acquired a 9.8% minority stake in Ørsted—a transaction which establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. SourceContinue Reading
Russia’s crude shipments rose to the highest in three months, with more oil available for export after the country’s refineries embarked on seasonal maintenance. SourceContinue Reading
Tourmaline Oil Corp. announced that it has closed the acquisition of Crew Energy Inc. and has entered an agreement to sell a gross overriding royalty interest to Topaz Energy Corp. SourceContinue Reading
Mike Sommers, president and CEO of the American Petroleum Institute (API), addressed the New Mexico Oil and Gas Association in Santa Fe today, emphasizing the critical role of U.S. energy security amid rising global tensions. SourceContinue Reading
Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals. SourceContinue Reading
