IoT Nano is designed to meet growing global demand for cost-effective, low-data, low-power, Internet of Things (IoT) services across remote and challenging environments common in the oil and gas industry where mobile connectivity is required. SourceContinue Reading
Cathedral Holdings Inc. has opened a new 5,000-sq-ft technical lab and office facility in The Woodlands, Texas. The space will serve as the official headquarters for Centrium Energy Solutions, the group’s newly launched oil and gas company. SourceContinue Reading
Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that underscores the industry’s optimism over production at sea. SourceContinue Reading
The Trump administration has restored Chevron’s ability to pump oil in Venezuela, according to unnamed sources. Key to the arrangement was an assurance that no royalties or taxes would benefit the government of Venezuela’s socialist leader, Nicolas Maduro. SourceContinue Reading
TotalEnergies has awarded Tenaris a contract to supply casing and tubing and Rig Direct® services for the GranMorgu project, located about 150 km offshore Suriname. With first oil expected in 2028, GranMorgu represents Suriname’s first major offshore development. SourceContinue Reading
AquaTerra Group been awarded two separate contracts with bp and Ithaca Energy to support a number of their North Sea assets. A three-year contract will see AquaTerra providing specialist access and access led maintenance services across bp’s North Sea portfolio. SourceContinue Reading
The methane intensity of oil and gas production in the Permian basin declined by more than 50% during the 2022-2024 period according to a new analysis by S&P Global Commodity Insights. SourceContinue Reading
ABS Consulting has announced a strategic collaboration with Ultimo to deliver end-to-end implementation, data integration and ongoing support for Ultimo’s cloud-based EAM platform, serving clients in global energy, logistics and manufacturing. SourceContinue Reading
Chevron Corp. is cutting almost 650 jobs in the Houston area and North Dakota after completing the $53 billion takeover of Hess Corp. A Chevron spokesperson confirmed the job cuts in an email on Wednesday. SourceContinue Reading
Trendsetter Engineering has secured a contract award for the delivery of four 15K horizontal subsea tree systems, associated tooling and installation services to a major Gulf of America/Gulf of Mexico operator. SourceContinue Reading
