Tachyus has appointed Dr. Jeff Spath as Chairman of the Board to guide the company’s mission to transform reservoir management with AI. Dr. Spath is a former SLB executive and SPE President, and brings 40 years of experience in the energy sector. SourceContinue Reading
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report. SourceContinue Reading
DNO ASA announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway’s Awards in Predefined Areas (APA) 2024 licensing round. SourceContinue Reading
Affiliates of Langford Energy Partners (LEP) announced that they have closed on the acquisition of Midland basin assets from Murchison Oil and Gas, LLC. The acquisition includes approx. 8,000 net acres with net production of approx. 7,200 boed. SourceContinue Reading
(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year. SourceContinue Reading
Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC’s large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually. SourceContinue Reading
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville. SourceContinue Reading
Atlas Energy Solutions Inc. announced the first commercial delivery of proppant sand from its Dune Express conveyor system in the Permian basin. Proppant is a necessary component in recovery of hydrocarbons from oil and natural gas wells. SourceContinue Reading
Electromagnetic Geoservices ASA (EMGS) has released its latest report on vessel activity and multi-client sales. At the end of Q4 2024, the Atlantic Guardian vessel completed multi-client surveys in the North Sea and the Norwegian Sea, and started transit to India. SourceContinue Reading
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment. SourceContinue Reading
