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World Oil News
“This represents an important milestone for Block, Georgia and our partner on the pilot project, Indorama, as we seek to demonstrate the viability of large-scale, low-cost CCS,” said Block Energy’s CEO Paul Haywood. Source
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STRYDE has announced the sale of multiple Mini Seismic Systems, including ~2,000 nodes, to support a groundbreaking new initiative in UK academic research. The investment is led by the University of Cambridge and backed by six other leading institutions. Source
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Baker Hughes has secured a comprehensive 90-month service agreement award from bp for its Tangguh LNG plant in Indonesia. The agreement covers spare parts, repair services, and field service engineering support for critical turbomachinery at the facility. Source
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International industrial services provider Bilfinger has secured a contract to provide inspection services using Non-Destructive Testing (NDT) across all of bp’s North Sea assets. Source
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Zephyr Energy has completed its $7.3 million acquisition of working interests in accretive, mature proved developed producing (PDP) assets in core Rocky Mountain basins. In addition to the PDP assets, the acquisition includes additional acreage with potential for future development. Source
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International industrial services provider Bilfinger has secured a contract to provide inspection services using Non-Destructive Testing (NDT) across all of bp’s North Sea assets. Source
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EnQuest along with its joint venture partners and the Government of Indonesia have signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.  Source
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Ace Well Technology, in collaboration with Expro and Archer, has successfully completed the first well deployment of the Ace Control Line Clamp (ACLC) using Expro’s Remote Clamp Installation System (RCIS) on the Norwegian Continental Shelf (NCS). Source
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OKEA ASA has announced oil discoveries made in the Cook and Statfjord formations of Norway’s Brage Field. The discoveries are considered commercial with preliminary estimates of gross recoverable resources in the range of 16 to 33 million MMboe. Source
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PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement. The campaign will play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources and accelerate upstream exploration. Source
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