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World Oil News
The RRC has new proposed rules for public comment to administer legislation in the geothermal energy front in Texas, specifically addressing shallow closed-loop geothermal systems, including the associated injection wells, which are used to heat or cool buildings without conversion to electricity. Source
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OPEC+ made no changes to plans to start gradually reviving oil production towards the end of the year, despite signs of an impending surplus. Source
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Offshore Energies UK (OEUK) is set to launch a research tool which will provide governments, skills bodies, and the energy industry in the UK with the information needed to have the right people with the right skills in place at the times and locations where they are needed. Source
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AGR has been awarded a long-term frame agreement by Equinor to provide subsurface and field development support related to project developments of Equinor’s facilities, offshore installations and onshore plants. Source
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Oilfield-service costs for U.S. shale drillers are expected to rebound in 2025, clawing back some of this year’s drop, as explorers expand the hunt for natural gas and extend sideways wells, according to industry consultant Enverus. Source
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Kazakhstan is in talks with China about increasing gas exports and is even considering building an additional pipeline to boost flows, underscoring the growing significance of its role in the region’s fuel market. Source
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TotalEnergies has announced the final investment decision (FID) for the GranMorgu development on offshore Block 58 in Suriname. Source
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The new location is fully equipped to support this region’s mobile power generator fleet and will provide a full range of maintenance and repair services. Source
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Axis Energy Services LLC and Brigade Energy Services LLC jointly announced the closing of an agreement to merge and form the nation’s largest well servicing company. Source
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OLT Offshore LNG Toscana announced that the extraordinary maintenance activities of the FSRU Toscana terminal have been successfully completed. Source
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