The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf. SourceContinue Reading

SLB on Monday launched Sequestri™ carbon storage solutions — a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects. The Sequestri portfolio addresses the unique challenges of long-term carbon storage, SLB announced. SourceContinue Reading

EnerMech has been awarded a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of Mexico/Gulf of America. The scope marks EnerMech’s first major decommissioning campaign in the region. SourceContinue Reading

Baker Hughes will acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, in an all-cash transaction for approximately $540 million, the company announced on Monday. SourceContinue Reading

ADNOC Drilling has appointed Abdulla Ateya Al Messabi as its new Chief Executive Officer (CEO). Abdulrahman Abdulla Al Seiari, the company’s current CEO, will retire at the end of the year following more than 45 years of dedicated service to ADNOC and ADNOC Drilling. SourceContinue Reading

Mermaid Subsea Services (UK) has successfully and safely completed a well intervention on the Teal P2 well in the North Sea. The operation was carried out on behalf of Anasuria Operating Company (AOC), the FPSO Operator for Teal and Teal South. SourceContinue Reading

Abu Dhabi National Oil Co. has made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., in one of the most audacious overseas moves yet by the Middle Eastern company as it seeks to expand its production of liquefied natural gas. SourceContinue Reading

TotalEnergies has acquired a 25% working interest in a portfolio of 40 exploration leases offshore U.S. from Chevron (operator). The transaction provides access to multiple offshore exploration plays and prospects, strengthening the successful U.S. offshore collaboration with Chevron beyond existing partnerships. SourceContinue Reading

During the Executive Conference of the Global Petroleum Show last week, Alberta’s premier, Danielle Smith, provided an update on the province’s energy sector and gave her assessment of the new federal administration’s policies on energy. SourceContinue Reading

Leaders from both the American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) jointly issued statements on Friday as U.S. President Trump signed into law a series of bills overturning California’s electric vehicle mandates. SourceContinue Reading