Diversified Energy and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S. SourceContinue Reading

Øgreid AS has entered an agreement to acquire 100% of the shares of Ramco Norway from the UK-based company Ramco Pipetech Holdings Ltd. Ramco is an expert in the care and maintenance of Oil Country Tubular Goods (OCTG). SourceContinue Reading

BP Prudhoe Bay Royalty Trust is marketing its overriding royalty interest (ORRI) in Alaska’s Prudhoe Bay field—the most prolific conventional oil field in North America—as part of a planned dissolution of the Trust. SourceContinue Reading

The latest price slump brings the market back to where it was before Israel attacked Iran on June 12. Traders are now refocusing on a looming surplus later in the year, with a supply surge from producers both inside and outside the OPEC+ alliance set to outpace growth in demand. SourceContinue Reading

Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle East ahead of the U.S. strikes on Iran and President Donald Trump’s ceasefire declaration, according to people familiar with the matter. SourceContinue Reading

UK Prime Minister Keir Starmer has called his government’s 10-year industrial strategy “a turning point” for the nation’s economy, but for an oil and gas lobby the plan must include tax reform for North Sea energy producers.  SourceContinue Reading

Delivered at its state-of-the-art GTSC training center in Dammam, 3t’s enhanced facilities and new programs mark a significant milestone in supporting female workforce participation and advancing Saudi Arabia’s Vision 2030.   SourceContinue Reading

Mermaid Subsea Services (UK) has successfully completed a complex wellhead severance project in the Southern North Sea. Previous efforts to remove the target well were unsuccessful, meaning Mermaid had to use dedicated precision subsea tooling and expert project execution to sever and recover the well conductor. SourceContinue Reading

ROSEN UK has secured a major contract to provide design verification and subsea engineering support for one of the UK’s most significant carbon capture projects. As part of this contract, ROSEN will conduct comprehensive design verification of the project’s CO₂ transportation pipelines. SourceContinue Reading

Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency SourceContinue Reading