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World Oil News
Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors’ Drilling Solutions business and will lead to profitable growth for both companies. Source
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Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors’ Drilling Solutions business and will lead to profitable growth for both companies. Source
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North Star has secured its first contract for a commissioning service operation vessel (CSOV), a second award with EnBW, further establishing the company’s growing presence in the European offshore wind sector. Source
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North Star has secured its first contract for a commissioning service operation vessel (CSOV), a second award with EnBW, further establishing the company’s growing presence in the European offshore wind sector. Source
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Oil prices dropped and concerns over supply chain disruption were eased Tuesday after a report that Israel may avoid targeting Iran’s crude infrastructure. Traders’ focus is now turned back to the International Energy Agency’s expectations of a surplus early next year. Source
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Fulkrum has announced the expansion of its service portfolio with the introduction of new Asset Integrity Management (AIM) Services. Source
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Bowman has won a $1.2 million contract with a leading exploration and production company to provide comprehensive asset management and regulatory compliance tracking services for over 1,000 wells in the Delaware Basin, Texas. Source
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Cameroon has recently attracted a wave of independent explorers embarking on new exploration activities and developing marginal fields, in collaboration with national oil company Société Nationale des Hydrocarbures (SNH). Source
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Chevron announced a donation of $250,000 and critical fuel supplies to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. Source
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Woodside Energy has announced the successful completion of the installation of the Scarborough Energy Project trunkline which will transport offshore gas to the onshore Pluto LNG processing facility in Karratha. Source
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