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World Oil News
“We applaud the Senate Committee on Energy and Natural Resources for taking bold action to restore American energy leadership,” said American Petroleum Institute CEO and President Mike Sommers. Source
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JDR Cable Systems (JDR) has successfully completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects. Source
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FourPhase has entered into an agreement with Shell Trinidad and Tobago that will involve sand management and production optimization for Shell Trinidad & Tobago on its topside offshore oil and gas platforms in the Caribbean.  Source
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U.S. Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. The EIA revised down its view of U.S. production Tuesday, anticipating the first drop in output since 2021. Source
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Oceaneering International, Inc. (Oceaneering) announced today that its Offshore Projects Group (OPG) segment has entered into a vessel services agreement with a major operator for use of the MPSV Harvey Deep Sea. Source
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Chevron and Halliburton have jointly developed an intelligent fracturing process that combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. Source
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While the current conflict with Russia may not inspire a great deal of optimism, the chairman of Naftogaz’s Supervisory Board says he can see better days ahead for Ukraine’s upstream sector, once the war comes to an end. Source
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During a June 10 special session at the Unconventional Resources Technology Conference (URTeC) in Houston, panelists discussed the latest advancements in Generative AI and machine learning for unconventionals. Source
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The BlueFloat Energy | Nadara Partnership has become the first offshore wind developer to adopt and deploy WindSafe™, an AI-powered safety and assurance platform, across its portfolio of floating wind projects. Source
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ADNOC is evaluating whether it can buy some of bp Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter. Source
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