Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters. SourceContinue Reading

Chevron has announced the start of oil production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Estimated peak production from the Whale development is 100,000 gross boed, with up to 15 wells in the first phase. SourceContinue Reading

ASCO has secured a five-year contract for base and logistics services for Aker BP in Norway. The agreement also includes continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination. SourceContinue Reading

Pioneer Energy has been granted four awards by the U.S. DOE totaling $27 million. Pioneer will use the funds to advance its Emission Control Treater™ (ECT), a near-zero emissions well pad production technology that can increase crude yield by 5-10%. SourceContinue Reading

Enverus has released its list of the most prolific 50 public oil and gas operators in the U.S. based on gross operated production last year. “Oilpatch mergers reshape rankings, but the Permian remains king,” Enverus reported. SourceContinue Reading

SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others. SourceContinue Reading

CB&I has been awarded a substantial contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated work for its liquefied natural gas (LNG) project, in Ruwais, Abu Dhabi, UAE. SourceContinue Reading

DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer. The new capacity aligns with the company’s subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions.  SourceContinue Reading

(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop.   SourceContinue Reading

Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. SourceContinue Reading