In the unlikely event of an uncontrolled release during the Drilling Phase of the Scarborough project, the RWIS Toolkit may be utilized as a key component of the Response hardware. With this contract, Woodside Energy have positioned themselves at the forefront of environmental stewardship. SourceContinue Reading
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. SourceContinue Reading
Customers will make data-driven decisions faster, at scale, through fully integrated cloud-native solutions powered by Microsoft Energy Data Services. SourceContinue Reading
In what appeared to be a very deliberate attempt to inject some reality into the headlong rush toward renewables, Saudi Aramco President and CEO Amin Nasser cautioned the energy industry about making bad choices. SourceContinue Reading
Schlumberger and Aramco have announced plans to collaborate and develop a digital platform that will provide sustainability solutions for hard-to-abate industrial sectors. SourceContinue Reading
Tellurian Inc. withdrew a $1 billion high-yield bond sale, leaving the future of its U.S. natural gas export project in limbo. The stock plunged more than 24%. SourceContinue Reading
A bipartisan pair of senators is pressing the Biden administration to use secondary sanctions to enforce a cap on the price of Russian oil. SourceContinue Reading
The Department of Energy will offer additional U.S. reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December. SourceContinue Reading
Schlumberger’s Digital Forum 2022 is underway today with its first full day of speakers and presentations, following the theme is “Connecting for a New Future.” World Oil is present to bring you updates throughout the week. SourceContinue Reading
Pakistan State Oil Co., the nation’s largest fuel importer and retailer, is planning to build a $500 million LNG terminal as part of its strategy to diversify into multiple businesses. SourceContinue Reading
