Exxon Mobil Corp. outlined plans to increase natural gas production from Guyana and is considering export options, country manager Alistair Routledge said, citing pressure from the government to do more with the natural gas that’s found alongside its crude. SourceContinue Reading
Ecopetrol SA sees “great potential” for E&P activity in Colombia alongside bets on U.S. fracing and offshore gas. Ecopetrol has full ownership of the CPO-09 block in Colombia’s oil-rich eastern plains after completing its $452 million acquisition of Repsol SA’s 45% stake. SourceContinue Reading
The Railroad Commission of Texas assessed $1,346,019 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. SourceContinue Reading
Seatrium Offshore Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 3. SourceContinue Reading
SUARDIAZ Group has unveiled its new subsea vessel, RS Alegranza, at the Astander shipyard in Cantabria. The vessel will undergo harbor and sea acceptance tests to ensure offshore compliance before beginning operations in the North Sea. SourceContinue Reading
Caterpillar Oil & Gas has launched its new Cat® Dynamic Gas Blending™(DGB) Gen 2 Kit. The solution enables drilling companies to utilize existing 3512C Tier 2 power solutions to lower greenhouse gas (GHG) emissions and reduce total cost of ownership. SourceContinue Reading
Subsea connection systems provider UNITECH Offshore, and thermoplastic composite pipe (TCP) manufacturer, Strohm, have signed a memorandum of understanding (MoU) to develop and commercialize an integrated system for the transportation of fluids and gases. SourceContinue Reading
SBM Offshore announced that its FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. SourceContinue Reading
Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC) SourceContinue Reading
Draeger Safety UK has secured a contract extension with INEOS O&P UK. A direct continuation of the existing work scope, the agreement covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations. SourceContinue Reading
