EnerMech has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services. The award, in the Al Shaheen Oil Field, Qatar, reinforces EnerMech’s expertise and strong relationship with NOC. SourceContinue Reading
Zion Oil & Gas announced a significant operational milestone as work resumes on the recompletion of the Megiddo-Jezreel 1 (MJ-01) well in Israel. This marks a crucial phase in Zion’s ongoing efforts to unlock Israel’s onshore energy potential. SourceContinue Reading
Wood has been selected to provide operations and maintenance solutions for MTR Carbon Capture at the world’s largest membrane-based carbon capture plant in Gillette, Wyoming, the global consulting and engineering firm announced. SourceContinue Reading
Malaysia’s state-owned oil company Petronas (Petroliam Nasional Bhd) is in talks with banks for a potential $1 billion loan to fund a liquefied national gas (LNG) project, according to people familiar with the matter. SourceContinue Reading
Drilling waste management specialist, TWMA*, has announced a landmark partnership with a multinational energy operator for its inaugural exploration project in Egypt, located offshore in the Mediterranean Sea. SourceContinue Reading
Halliburton today announced the launch of the new EcoStar® electric tubing-retrievable safety valve (eTRSV). This second-generation product builds on the success of the industry’s first electric TRSV, which won the OTC Spotlight on New Technology Award in 2017. SourceContinue Reading
Mozambique stands out as a key player in natural gas production and plays a crucial role in Africa’s agenda to expand electricity access and clean cooking solutions, according to NJ Ayuk, Executive Chairman of the African Energy Chamber. SourceContinue Reading
Diamondback Energy has entered into a definitive agreement to acquire Double Eagle, significantly expanding its acreage and presence in the Permian basin. The deal holds a value of approximately $4.08 billion, with Diamondback offering up 6.9 million shares of common stock and $3 billion cash in exchange for Double Eagle’s assets. SourceContinue Reading
OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from U.S. President Trump to lower prices, delegates said. Postponing the increase of 120,000 bpd would mark the fourth such delay by the alliance since 2022. SourceContinue Reading
Petrobras began production from the FPSO Almirante Tamandaré (Búzios 7) on Feb. 15, 2025 in the Búzios field, located in the pre-salt layer of the Santos Basin. This is the first high-capacity unit to be installed in the field, with the potential to produce up to 225,000 bpd. SourceContinue Reading
