OLT Offshore LNG Toscana announced that the extraordinary maintenance activities of the FSRU Toscana terminal have been successfully completed. SourceContinue Reading
Today, the Energy Workforce & Technology Council (EWTC) announced the release of the 2024 Workforce Report developed in collaboration with Accenture. The report provides a detailed analysis of the current state of employment within the energy services sector, focusing on job growth, workforce composition, and granular insights into diversity metrics. SourceContinue Reading
ADNOC Drilling Company announced today the creation of the Turnwell joint venture with SLB and PattersonUTI and the acceleration of its 144 unconventional oil and gas well program, following the successful and efficient delivery of the first wells in the campaign. SourceContinue Reading
Equatorial Guinea has bolstered the work of its national oil company with a $350 million contract award to Petrofac in April. It also plans to rely on other producers operating in the country including Chevron, Marathon Oil and Kosmos Energy to raise output. It recently held talks with oil trader Trafigura Group over financing. SourceContinue Reading
Notably, the top six energy-producing states account for 76% of jobs in the sector, with Texas taking a significant lead at 317,199 positions, followed by Louisiana, Oklahoma, Colorado, New Mexico, and California. SourceContinue Reading
The agreement marks the second time this year the FTC has barred a senior oil executive from joining a suitor company’s board. The agency reached a settlement with ExxonMobil in May that blocked Pioneer Natural Resources Founder Scott Sheffield from obtaining a directorship over similar accusations, bringing wide condemnation from the industry. SourceContinue Reading
The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. SourceContinue Reading
The scope includes engineering, procurement, construction, installation and commissioning (EPCIC) for topside modification. The purpose is to prepare the Troll A platform for receiving and processing gas from eight new wells at Troll West. SourceContinue Reading
The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum. The scope of work also includes the...Continue Reading
From operator reports, BSEE estimates that approximately 3.35% of the current oil production and 0.91% of the current natural gas production in the Gulf of Mexico is shut-in. SourceContinue Reading
