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World Oil News
UK-headquartered Score, a global provider of advanced engineering technology services in the fields of valve and emissions management, gas turbines and surface technologies has announced two major multi-million-dollar acquisitions as part of its strategic growth plan. Source
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Woodside Energy and Aramco have entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project. Source
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The U.S. Department of Energy (DOE) this week announced it has taken the first step in the Energy Department’s largest deregulatory effort in history, proposing the elimination or reduction of 47 regulations. Source
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“The Trump Administration continues to fill important positions within the federal government with outstanding professionals who are committed to increasing American energy dominance,” said IPAA President Jeff Eshelman. Source
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Oil giant Saudi Aramco has signed agreements with major U.S. companies potentially totaling about $90 billion. The signed MoUs and pacts cover partnerships on LNG, AI, emission-reduction technologies and more, Aramco said in a statement. Source
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XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. Source
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McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. Source
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XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. Source
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Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID. Source
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Colombia’s oil and gas association urged authorities to take “urgent action” after a surge in sabotage attacks on critical energy infrastructure. A group broke in and set fire to the Quifa field facilities in central Colombia on Monday, the ACP said in a statement. Source
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