Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official. SourceContinue Reading
Colombia’s Ecopetrol SA discovered an offshore natural gas deposit that could potentially produce up to 800 MMcfgd, according to Chief Executive Officer Ricardo Roa. SourceContinue Reading
Petrobras has confirmed a significant gas discovery in Colombia’s Guajira offshore basin, estimating the potential reserves at around 6 trillion cubic feet. SourceContinue Reading
IDEC Corporation has updated its SmartAXIS touch family with the new FT1J Series combined PLC+HMI, building on the success of the FT1A-C and -M Series 3.8” PLC+HMIs SourceContinue Reading
Brazil’s state-controlled oil company is nearing a deal with government regulators allowing it to move forward with plans to redevelop a massive deep-water field that could reinvigorate the nation’s stalled output. SourceContinue Reading
NYC-based software-as-a-service company, OrbitMI, is prioritizing data integrity with its Orbit vessel performance platform to deliver high-quality real-time data that can enable smarter voyage decision-making. SourceContinue Reading
Mermaid Subsea Services (UK) Ltd is pleased to announce that it has successfully completed the first stage of a major North Sea decommissioning contract for Shell U.K. Limited. SourceContinue Reading
The U.S. Supreme Court refused for now to halt a Biden administration crackdown on methane emissions from oil wells, tanks and pipelines. SourceContinue Reading
Neo Oiltools, a creator of drilling performance tools for the oil and gas industry, announced today that Saja Energy, a Saudi Arabia-based provider of world-class energy sector products and services, is the official distributor of the neotork Vibration Management Tool in the Kingdom of Saudi Arabia. SourceContinue Reading
After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie. SourceContinue Reading
