The African Energy Chamber (AEC) announced its support of the decision to renew Haitham Al Ghais as the Secretary General of OPEC for a further three-year term, effective 1 August 2025. SourceContinue Reading
Expro has signed a technology agreement (ETEC) with Petrobras for the development of a new non-intrusive flowmeter. The technology is designed to increase efficiency and optimize production of wells. SourceContinue Reading
Baker Hughes and the University of California, Berkeley have announced a new long-term research partnership to establish the Baker Hughes Institute for Decarbonization Materials at UC Berkeley’s College of Chemistry. SourceContinue Reading
Sinopec, China’s Petroleum & Chemical Corporation, has successfully obtained ISO’s approval for the Technical Specifications for Multi-element Thermal Composite Flooding of Heavy Oil proposed by academician Sun Huanquan’s team. SourceContinue Reading
TechnipFMC has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. SourceContinue Reading
Shell Offshore has announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the U.S. Gulf of Mexico (GoM). SourceContinue Reading
An independent Texas oil and gas producer is striking back against a group of insurance companies, which are seeking $250 million in collateral beyond what the oil company has already contracted for bonds backing its production activities. SourceContinue Reading
Subsea resourcing specialist DRIFT Offshore has entered a partnership with Norwegian ROV specialist Kystdesign to strengthen the service offering of both businesses. SourceContinue Reading
SLB has announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw seawater injection (RWI) systems to increase recovery from the prolific Búzios field. SourceContinue Reading
The Railroad Commission of Texas has hired two seasoned veterans who will help the agency navigate legislative affairs and oversee day-to-day engagement and outreach with the public and the media. SourceContinue Reading
