The U.S. expects crude production to grow by just 320,000 bpd next year, much slower than previously estimated. SourceContinue Reading

Baker Hughes, an energy technology company, announced its largest ever order of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), booked in the third quarter of 2024. SourceContinue Reading

Baker Hughes has announced its largest-ever order of Integrated Compressor Line units, awarded by Dubai Petroleum Establishment (DPE) on behalf of the Dubai Supply Authority. SourceContinue Reading

The U.S. expects crude production to grow by just 320,000 bpd next year, much slower than previously estimated. SourceContinue Reading

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from bp for its greenfield Kaskida development in the Gulf of Mexico. SourceContinue Reading

Equinor has acquired a 9.8% minority stake in Ørsted—a transaction which establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. SourceContinue Reading

Russia’s crude shipments rose to the highest in three months, with more oil available for export after the country’s refineries embarked on seasonal maintenance. SourceContinue Reading

Gran Tierra Energy Inc. has announced that the shareholders of i3 Energy plc, a public limited company organized under the laws of England and Wales, have approved Gran Tierra’s previously announced acquisition of i3 Energy. SourceContinue Reading

Oilfield Service Professionals LLC (OSP) has entered a global technology alliance with Alpha Oil Tools to boost operational efficiency and reliability in oil and gas operations. SourceContinue Reading

Equinor has acquired a 9.8% minority stake in Ørsted—a transaction which establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. SourceContinue Reading