Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan. Erdogan said the discovery was made after 49 days of drilling at the Goktepe 3 field. SourceContinue Reading
The agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology, which is critical for completing oil and gas wells while reducing costs and ensuring supply chain resilience. SourceContinue Reading
One X has acquired United Energy Partners in a move that accelerates One X’s strategy to become the go-to field partner for high-efficiency, low-maintenance, service-less valve systems across the Lower 48. SourceContinue Reading
The United Arab Emirates and Exxon Mobil Corp. have agreed to expand the nation’s oil production capacity, ADNOC said in a statement Friday. Under the agreement, ADNOC will work with Exxon to boost capacity at the offshore Upper Zakum field. SourceContinue Reading
Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. SourceContinue Reading
EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA). SourceContinue Reading
Halliburton and Rhino Resources have delivered two exploration wells within PEL 85 offshore Namibia, the companies announced. These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases. SourceContinue Reading
Occidental has entered into an agreement with ADNOC’s XRG to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million. SourceContinue Reading
Weatherford has partnered with Amazon Web Services (AWS) in a move to strengthen its digital capabilities. Through the agreement, AWS will support the development of next-generation technologies, further enhancing Weatherford’s Unified Data Model. SourceContinue Reading
Following an R&D program, pipeline intervention specialist STATS Group has designed a Mechanical Pipe Connector to address increased demand in the Norwegian oil and gas sector. Titanium is better suited to high-stress corrosive environments found in the North Sea. SourceContinue Reading
