The National Observatory of Brazil (Observatório Nacional) has purchased STRYDE’s Mini and Nimble seismic systems to support its geophysical research and exploration activities across Brazil, STRYDE announced on Tuesday.  SourceContinue Reading

Halliburton has launched LOGIX™ automated geosteering, a part of the LOGIX™ automation and remote operations family of solutions, that optimizes geological interpretation and well placement. SourceContinue Reading

Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. SourceContinue Reading

“We are excited to welcome John Hess to Chevron’s Board,” said CEO Mike Wirth. “John not only built a great company, he is a highly respected industry leader, and our Board will benefit from his global experience, relationships and expertise.” SourceContinue Reading

Baker Hughes announced today a definitive agreement to acquire Chart Industries in a deal valued at a total of $13.6 billion. Notably, the acquisition will strengthen Baker Hughes’ presence in the LNG and data center sectors.  SourceContinue Reading

Mexico on Monday completed a $12 billion debt offering that will support state-owned Petroleos Mexicanos, the world’s most indebted oil major. Also on Monday, Pemex reported net income of $3.2 billion for Q2, its first profit in more than a year. SourceContinue Reading

Enterprise Products Partners LP, one of the largest pipeline operators in the Permian Basin, sees oil production in the region holding up this year despite an expected drop in crude prices.  SourceContinue Reading

Weatherford has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V. SourceContinue Reading

Aramco has launched a joint effort with Cloudera to build AI-powered applications that drive growth in Saudia Arabia’s digital oil and gas sector. The companies will collaborate on AI initiatives for workforce development, R&D, operational efficiency and more. SourceContinue Reading

Venture Global has reached final investment decision and successful closing of the $15.1 billion project financing for the first phase of the company’s third project, CP2. This milestone represents the largest standalone project financing ever. SourceContinue Reading