Enverus Intelligence® Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays. SourceContinue Reading

McDermott has received the ISO 50001 certification for energy management at four of its major fabrication yards. These certified yards are integral to McDermott’s engineering, procurement, construction, and installation (EPCI) services, enabling major offshore and onshore projects worldwide. SourceContinue Reading

(Bloomberg) – Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the oil and gas industry in opposition to Prime Minister Justin Trudeau. The Canadian province holds the world’s third-largest crude reserves in its oil sands. SourceContinue Reading

Reconnaissance Energy Africa Ltd. announces that it has reached total depth (TD) of 4,184 meters (13,727 feet) on the Naingopo exploration well on Petroleum Exploration License 073 (PEL 73), onshore Namibia. SourceContinue Reading

Following the Board’s strategic endorsement, ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion. SourceContinue Reading

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors. His Highness highlighted ADNOC’s important role as a primary catalyst for the UAE’s growth and diversification SourceContinue Reading

bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia. SourceContinue Reading

Researchers from the University of Oklahoma, Los Alamos National Laboratory, along with industry partners, have been awarded an $18.7 million grant from the U.S. Department of Energy to investigate commercial subsurface storage of carbon dioxide (CO2). SourceContinue Reading

The contract, worth approximately $1.2 billion, covers the development of offshore facilities for natural gas production, CO2 capture, utilization, and storage (CCUS) as part of the Tangguh UCC project. SourceContinue Reading

Norway’s Shearwater Geoservices has received a letter of award from India’s state-owned Oil & Natural Gas Corporation for a large 3D seismic survey off the east coast of India. SourceContinue Reading