OEG has secured a three-year framework agreement with an international oil major. Under the terms of the agreement, which includes optional extensions for up to five years, OEG will supply logistics equipment for the organization’s operations in North America. SourceContinue Reading

Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. SourceContinue Reading

Oil was steady as the market weighed the prospect for easing trade tensions between the European Union and the U.S. ahead of an OPEC+ meeting on supply policy. SourceContinue Reading

Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. SourceContinue Reading

OEG has secured a three-year contract with an international oil major. Under the terms of the agreement, which includes optional extensions for up to five years, OEG will supply logistics equipment for the organization’s operations in North America. SourceContinue Reading

UK-based Vulcan Completion Products has partnered with Sudelac Limited under an IP license agreement to offer advanced pressure and load testing for float equipment using the patented FloatCHECKER PT system. SourceContinue Reading

Saudi Arabia and Kuwait jointly announced Monday that they have discovered oil in the North Wafra Wara-Burgan field, part of the neutral zone between the two nations. The news was reported by Saudi Press Agency (SPA). SourceContinue Reading

The release of the second edition of API Std 20S strengthens the previous edition’s requirements, incorporating the latest industry practices, clearer non-destructive testing guidance and expanded tools for inspection and process control. SourceContinue Reading

A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as U.S. President Donald Trump’s trade war and OPEC+ production increases hammer crude prices. SourceContinue Reading

Oil production has started from the fourth development phase of the Mero field off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos basin. The field is operated by Petrobras (38.6%), with TotalEnergies and Shell Brasil each holding 19.3% working interest.  SourceContinue Reading