Strathcona Resources Ltd. increased its bid for oil sands producer MEG Energy Corp., seeking to break up the oil sands producer’s sale to larger Canadian rival Cenovus Energy Inc. SourceContinue Reading
Expro has set a new benchmark for deepwater well construction, achieving the heaviest casing string deployment to-date for a major operator in the Gulf of America/Gulf of Mexico. SourceContinue Reading
Petrodec’s newly constructed heavy lift jackup vessel, named “Obana,” has begun decommissioning work in the Southern North Sea for Perenco UK (PUK)’s Galahad platform. SourceContinue Reading
Kongsberg Digital has entered a strategic partnership with Petroleum Development Oman (PDO) to deliver an enterprise AI-powered digital twin. Kongsberg’s Kognitwin® solution will be implemented as part of PDO’s drive to improve production, safety and cost-efficiency. SourceContinue Reading
EXCLUSIVE — Well, a few days have gone by, and SPE Offshore Europe (OE) in Aberdeen is now a collection of memories. But, what to make of what was seen and heard during the four-day conference and exhibition? There were many different viewpoints, and, honestly, many contradictions and hypocrisies. SourceContinue Reading
Monkey Island LNG has selected ConocoPhillips’ Optimized Cascade® Process liquefaction technology for its planned 26 MMtpa natural gas liquefaction and export facility in Cameron Parish, Louisiana. SourceContinue Reading
President Donald Trump’s energy chief said there are active discussions in the administration about the future of an offshore wind farm being constructed off the coast of Rhode Island by Denmark’s Orsted A/S, where work was recently halted. SourceContinue Reading
OPEC+ has agreed in principle to increase production again next month, according to delegates, as the group doubles down on its policy shift to pursue market share instead of defending prices. SourceContinue Reading
ADNOC is considering lining up more than $10 billion in debt financing from local and international banks as it moves forward with its roughly $19 billion pursuit of Australian fossil fuel producer Santos Ltd., according to people familiar with the matter. SourceContinue Reading
The Republic of the Congo has signed a $23 billion hydrocarbon deal with China’s Wing Wah to develop the Banga Kayo, Holmoni and Cayo permits, aiming to raise national oil output to 200,000 bpd by 2030. SourceContinue Reading
