Ghana’s government has decided to withdraw a 2020 directive requiring Eni SpA and partner Vitol Holding BV to merge its offshore oil field with a discovery made by neighboring Afina, potentially settling a five-year standoff. SourceContinue Reading
The Senate has voted to repeal a new U.S. fee on methane emissions from oil and gas producers, sending the measure to President Trump for signature. Trump previously criticized the Biden administration’s oil and gas regulations as too burdensome on the industry. SourceContinue Reading
ChampionX has launched a redesign of its LOOKOUT™ optimization services for electrical submersible pumping (ESP) systems. LOOKOUT leverages the full capabilities of ChampionX’s SMARTEN™ XE control system, delivering advanced automation for ESP operations. SourceContinue Reading
MODEC has entered into a Front-End Engineering and Design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology. SourceContinue Reading
TWMA* has officially broken ground on its latest facility in Habshan, Abu Dhabi. The milestone marks the beginning of construction for the world’s most advanced, self-sustainable drilling waste management site. SourceContinue Reading
Energy services provider Expro has secured a contract to supply Tubular Running Services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands. SourceContinue Reading
Vermilion Energy Inc. has closed its previously announced acquisition of Westbrick Energy Ltd. The acquisition adds stable annual production of 50,000 boed (75% gas, 25% liquids) and approximately 770,000 net acres in Alberta’s Deep Basin. SourceContinue Reading
Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX™ automation and remote operations, Sekal’s Drilltronics®, and the rig automation control system. SourceContinue Reading
Vermilion Energy Inc. has closed its previously announced acquisition of Westbrick Energy Ltd. The acquisition adds stable annual production of 50,000 boed (75% gas, 25% liquids) and approximately 770,000 net acres in Alberta’s Deep Basin. SourceContinue Reading
In a highly anticipated presentation, BP CEO Murray Auchincloss reversed a plan to shrink oil and gas production and cut investments in low-carbon energy, but also slashed the quarterly share buyback, dimming the appeal to investors. SourceContinue Reading
