Ovintiv has closed its previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day (MBOE/d) of production. SourceContinue Reading

Aramco Americas has contracted GHGSat to monitor methane based on the success of an earlier pilot program. Abating methane emissions is an important lever for Aramco in its ambition toward net-zero across its wholly owned and operated assets by 2050. SourceContinue Reading

Baker Hughes has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field, located in Saudi Arabia. SourceContinue Reading

Elk Range Royalties has announced its acquisition of Newton Financial Corporation, LP, Concord Oil Company, LP, and Mission Oil Company, (Newton/Concord) in a strategic move to expand its footprint across premier oil and gas producing regions in Texas. SourceContinue Reading

The Forum Energy Technology (FET) Subsea product line has secured a contract to provide a work class remotely operated vehicle (ROV) system and a Dynacon Launch and Recovery System (LARS) to ACSM, a global maritime survey and ROV services operator.  SourceContinue Reading

Halliburton has been awarded a contract with Petrobras for integrated drilling services across several offshore fields in Brazil. The contract scope includes drilling services for development and exploration wells over a three-year period. SourceContinue Reading

Aker BP has selected Aucotec to provide digital infrastructure for the Yggdrasil development in the Norwegian North Sea. Aucotec’s Engineering Base platform will implement Engineering Design Data Management for the Yggdrasil development. SourceContinue Reading

American Petroleum Institute (API) President and CEO Mike Sommers issued a statement of support on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency. SourceContinue Reading

Cummins and Liberty Energy have announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025. SourceContinue Reading

(Bloomberg) – Oil edged lower as traders weighed the possible fallout from President Trump’s planned tariffs on major U.S. crude supplier Canada and other countries. The market was also watching reports OPEC will evaluate potential changes to America’s energy policy. SourceContinue Reading