Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle East ahead of the U.S. strikes on Iran and President Donald Trump’s ceasefire declaration, according to people familiar with the matter. SourceContinue Reading
UK Prime Minister Keir Starmer has called his government’s 10-year industrial strategy “a turning point” for the nation’s economy, but for an oil and gas lobby the plan must include tax reform for North Sea energy producers. SourceContinue Reading
Delivered at its state-of-the-art GTSC training center in Dammam, 3t’s enhanced facilities and new programs mark a significant milestone in supporting female workforce participation and advancing Saudi Arabia’s Vision 2030. SourceContinue Reading
Mermaid Subsea Services (UK) has successfully completed a complex wellhead severance project in the Southern North Sea. Previous efforts to remove the target well were unsuccessful, meaning Mermaid had to use dedicated precision subsea tooling and expert project execution to sever and recover the well conductor. SourceContinue Reading
ROSEN UK has secured a major contract to provide design verification and subsea engineering support for one of the UK’s most significant carbon capture projects. As part of this contract, ROSEN will conduct comprehensive design verification of the project’s CO₂ transportation pipelines. SourceContinue Reading
Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency SourceContinue Reading
“The COD milestone marks a major achievement for one of Africa’s deepest offshore developments which introduce Mauritania and Senegal as LNG exporters,” Golar LNG said in a news release. SourceContinue Reading
OEG has finalized an agreement with Al Nasr Holding Co. in Qatar. The agreement further reinforces the OEG’s strategic partnership with Venture Gulf Engineering (VGE), an Al Nasr subsidiary, which supports the oil and gas, petrochemical, and industrial sectors in Qatar. SourceContinue Reading
Petro-Victory Energy Corp., an oil and gas E&P company focused on onshore Brazil, has commenced its fully-funded drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar basin, Rio Grande do Norte, Brazil. SourceContinue Reading
Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders. SourceContinue Reading