TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 MMtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project. SourceContinue Reading
A top United Nations court has ruled in favor of Equatorial Guinea in a long-running territorial dispute with Gabon, awarding it sovereignty over three small islands located in potentially oil-rich waters in the Gulf of Guinea. SourceContinue Reading
Subsea7 has secured a contract with ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway. The study will finalize the technical definition of the proposed subsea development. SourceContinue Reading
Halliburton on Monday launched EarthStar® 3DX, the industry’s first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit, Halliburton stated in a news release. SourceContinue Reading
Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan. Erdogan said the discovery was made after 49 days of drilling at the Goktepe 3 field. SourceContinue Reading
The agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology, which is critical for completing oil and gas wells while reducing costs and ensuring supply chain resilience. SourceContinue Reading
One X has acquired United Energy Partners in a move that accelerates One X’s strategy to become the go-to field partner for high-efficiency, low-maintenance, service-less valve systems across the Lower 48. SourceContinue Reading
The United Arab Emirates and Exxon Mobil Corp. have agreed to expand the nation’s oil production capacity, ADNOC said in a statement Friday. Under the agreement, ADNOC will work with Exxon to boost capacity at the offshore Upper Zakum field. SourceContinue Reading
Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. SourceContinue Reading
EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA). SourceContinue Reading
