Aker BP has selected Aucotec to provide digital infrastructure for the Yggdrasil development in the Norwegian North Sea. Aucotec’s Engineering Base platform will implement Engineering Design Data Management for the Yggdrasil development. SourceContinue Reading
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement of support on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency. SourceContinue Reading
Cummins and Liberty Energy have announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025. SourceContinue Reading
(Bloomberg) – Oil edged lower as traders weighed the possible fallout from President Trump’s planned tariffs on major U.S. crude supplier Canada and other countries. The market was also watching reports OPEC will evaluate potential changes to America’s energy policy. SourceContinue Reading
Enverus Intelligence® Research (EIR) has published its summary of Q4 and full-year 2024 upstream M&A activity, reporting $105 billion in U.S. upstream deals closed in 2024, the third highest total tracked by Enverus analysts. SourceContinue Reading
DEEP Earth Energy Production Corp. (DEEP) has announced a strategic collaboration with SLB to drive the development of Canada’s first next-generation geothermal project, located in southeast Saskatchewan. SourceContinue Reading
Reelwell AS has secured a multi-year contract with Vår Energi ASA to deploy its DualLink powered digital drill pipe technology. The milestone agreement will see the DualLink deployed offshore on the Norwegian Continental Shelf (NCS) for the first time. SourceContinue Reading
SLB has opened its Africa Performance Center in Luanda, Angola. The center will serve as a collaborative hub for industry stakeholders providing access to innovative solutions across digital, AI, oil and gas and new energy sectors within Angola and Africa. SourceContinue Reading
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has entered into a cooperation agreement with Australia-based R&D Solutions, expanding the company’s presence in Asia Pacific. SourceContinue Reading
The Sipitang Oil and Gas Industrial Park (SOGIP) is set to officially launch in early February in Sabah, Malaysia. A partnership between Gibson Shipbrokers and SOGDC, the project will generate around 1,600 jobs and support the region’s energy demand. SourceContinue Reading