Output from the Organization of Petroleum Exporting Countries slumped by 480,000 bpd in September, according to a Bloomberg survey. Libyan production plunged by 38% as after one of its rival governments halted exports in a fight for control of the central bank. SourceContinue Reading

Leading oil-and-gas multinational ExxonMobil is progressing several energy initiatives on the African continent, consolidating its status as one of the drivers of the industry on the continent. SourceContinue Reading

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. SourceContinue Reading

TotalEnergies announced FID for the GranMorgu project, which will develop the Sapakara and Krabdagu oil discoveries, on which a successful exploration and appraisal campaign was completed in 2023. SourceContinue Reading

Baseline Energy Services LP has recently opened a new facility to serve customers in the Uinta Basin. This new Baseline location is fully equipped to support this region’s mobile power generator fleet and will provide a full range of maintenance and repair services. SourceContinue Reading

OLT Offshore LNG Toscana announced that the extraordinary maintenance activities of the FSRU Toscana terminal have been successfully completed. SourceContinue Reading

Today, the Energy Workforce & Technology Council (EWTC) announced the release of the 2024 Workforce Report developed in collaboration with Accenture. The report provides a detailed analysis of the current state of employment within the energy services sector, focusing on job growth, workforce composition, and granular insights into diversity metrics. SourceContinue Reading

ADNOC Drilling Company announced today the creation of the Turnwell joint venture with SLB and PattersonUTI and the acceleration of its 144 unconventional oil and gas well program, following the successful and efficient delivery of the first wells in the campaign. SourceContinue Reading

Equatorial Guinea has bolstered the work of its national oil company with a $350 million contract award to Petrofac in April. It also plans to rely on other producers operating in the country including Chevron, Marathon Oil and Kosmos Energy to raise output. It recently held talks with oil trader Trafigura Group over financing. SourceContinue Reading

Notably, the top six energy-producing states account for 76% of jobs in the sector, with Texas taking a significant lead at 317,199 positions, followed by Louisiana, Oklahoma, Colorado, New Mexico, and California. SourceContinue Reading