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World Oil News
JDR Cable Systems (JDR) has been awarded a contract by Liverpool Bay CCS Limited, a member of the Eni SpA group, to supply subsea power cables for its project which will be the backbone of the HyNet North West industrial decarbonization cluster. Source
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Subsea asset integrity management software company Elementz has announced a new digital initiative to fast track the development of AI in subsea operations. The new AI accelerator program, Tide Breaker, was unveiled at Offshore Europe on Wednesday. Source
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Alberta’s oil production rose to a record 4.32 million bpd in July as oil sands companies boosted output from well sites to fill the expanded Trans Mountain pipeline. Output from the oil sands also climbed to a record of 3.67 million bpd, according to Alberta Energy Regulator data. Source
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Shell’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. Source
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Oil and natural gas producer ConocoPhillips plans to cut 20% to 25% of its workforce. The majority of the reductions will occur this year, a company spokesman said. The job cuts, first reported by Reuters, include both employees and contractors. Source
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Oil and natural gas producer ConocoPhillips plans to cut 20% to 25% of its workforce. The majority of the reductions will occur this year, a company spokesman said. The job cuts, first reported by Reuters, include both employees and contractors. Source
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Oil and natural gas producer ConocoPhillips plans to cut 20% to 25% of its workforce. The majority of the reductions will occur this year, a company spokesman said. The job cuts, first reported by Reuters, include both employees and contractors. Source
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Clariant Oil Services has expanded its commitment to Norwegian oil and gas customers with a new bulk storage and transfer base located in Dusavik, Norway together with its long-standing strategic partner Swire Energy Services. Source
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Subsea Technology & Rentals (STR) has appointed experienced sector leader James Christie to head up activities across Europe and Africa following significant growth and plans for further global expansion.  Source
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Argent LNG has formally submitted its request to enter the Federal Energy Regulatory Commission (FERC) pre-filing process, marking a critical regulatory milestone in the development of its 25 MMtpa LNG export terminal at Port Fourchon, Louisiana.  Source
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