CNX Resources announced it has completed the acquisition of Apex Energy for a total consideration $505 million. This strategic bolt-on acquisition expands CNX’s existing stacked Marcellus and Utica undeveloped leasehold in the CPA region. SourceContinue Reading

A new market analysis by Canada-based investment firm Harbourfront Wealth shows volatility in crude oil prices amid recent global shifts. Analyst David Eng published the following report: SourceContinue Reading

CRC Evans has launched a new digital platform to streamline data management for welding, coating, and inspection for customers in the oil and gas sector. The DATA360 platform will expedite access to production data, improved analytical capabilities and precise data tagging. SourceContinue Reading

Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully-revolving Heavy Lift Vessel project for the Japanese offshore wind market. SourceContinue Reading

GTG International (GTGi) has secured a series of contracts to deliver land seismic projects across Europe, encompassing both 2D and 3D seismic surveys. GTGi has added 30,000 STRYDE nodes to its seismic sensor inventory to ensure efficient and effective execution. SourceContinue Reading

Diversified Energy has reached an agreement to acquire Maverick Natural Resources for $1.275 billion. The acquisition will provide Diversified a new Permian asset base with multiple zones in the Northern Delaware basin, and will have a combined production base of approx. ~1,200 MMcfe/d (~200 Mboe/d). SourceContinue Reading

Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio’s waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. SourceContinue Reading

Tamboran Resources Corporation and Santos Limited have entered into a non-binding Memorandum of Understanding (MOU) to undertake technical studies relating to a potential Darwin LNG Train 2 expansion in the Beetaloo Basin. SourceContinue Reading

(Bloomberg) – New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the coming years, a senior Exxon Mobil Corp. executive said. SourceContinue Reading

The African Energy Chamber is calling for the industry to stand against growing opposition from western agencies undermining the economic growth potential presented by Africa’s oil and gas industry. SourceContinue Reading