Enverus industry analysts have released a summary of 3Q24 upstream M&A activity, with the pace of deals significantly slowing in the third quarter of 2024 to just $12 billion in announced deals. SourceContinue Reading
Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the Persian Gulf, according to a local news source and shipping official. SourceContinue Reading
Exxon Mobil Corp has announced plans to sell a portion of its assets in North Dakota’s Bakken shale formation, according to Reuters. SourceContinue Reading
Perenco Colombia successfully completed drilling of three new development wells on the Paravare and Chaparrito fields at Casanare, onshore Colombia, identifying large oil discoveries. SourceContinue Reading
MOL Group signed a Memorandum of Understanding with Turkish Petroleum Corporation (TPAO) in Istanbul to form a strategic partnership for hydrocarbon exploration and production. SourceContinue Reading
Wood is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilization and Storage (CCUS) projects. The guidelines are the first of their kind to focus on the impact of impurities in CO2 across the entire CCUS value chain. SourceContinue Reading
Enverus Intelligence Research gives an in-depth analysis of challenges and opportunities in hydrocarbon supply amid commodity price volatility SourceContinue Reading
OMMICA has supplied portable testing kits to one of Saudi Arabia’s leading oil and gas producers, a landmark achievement after almost 15 years utilizing its in-house chemical testing methodology. SourceContinue Reading
Baker Hughes has secured an order to supply centrifugal and electrical-driven Integrated Compressor Line (ICL) compressors to Saipem for TotalEnergies’ Kaminho FPSO unit in offshore Angola. SourceContinue Reading
Growing demand for application-specific routing and cyber security has created new solutions for users, writes Alexandre de Luca, President, Energy, Enterprise and Government, Marlink SourceContinue Reading
