The American Petroleum Institute (API) released a statement from Executive Vice President and Chief Advocacy Officer Amanda Eversole applauding the U.S. House of Representatives for protecting American consumers by passing a resolution to prevent EPA’s light- and medium-duty tailpipe emissions rule from being implemented. SourceContinue Reading
Although the French supermajor hasn’t formally greenlit the $9 billion development of crude discoveries in the Latin American nation, it’s already seeking to lock in two rig leases for future drilling in the area, according to people familiar with the tenders who asked not to be named discussing non-public information. SourceContinue Reading
The addition of Flex Orbit to the EPIC product portfolio combines the open-architecture benefits of the EPIC Flex system with advanced self-orienting capabilities for precision shot placement at any desired angle or orientation for enhanced well productivity. SourceContinue Reading
The growth has made the U.S. the world’s largest oil producer — pumping almost 50% more crude each day than Saudi Arabia. It’s “been good for the American consumer and good for national security,” said John Podesta, the senior adviser to the president for international climate policy. SourceContinue Reading
The first award is a “substantial” contract to design, engineer, and manufacture riser flexible pipe. The second award involves work to design, engineer, and manufacture subsea production systems to be deployed on the Atapu 2, Sepia 2, and Roncador projects. SourceContinue Reading
Rice University, the University of Exeter, and Uppsala University are some of the academic institutions leveraging STRYDE’s cutting-edge technology to advance a variety of subsurface research initiatives in 2024. SourceContinue Reading
The Octiv Auto Frac service combined with the ZEUS electric fracturing platform and the Sensori Fracture Monitoring Service is a fracturing solution that uses intelligent automation to optimize fracture operations and makes the digital frac site a reality. SourceContinue Reading
The main production facilities include a new deepwater jacket platform Haiji-2 and a cylindrical FPSO Haikui-1. A total of 32 development wells are to be commissioned. The project is expected to achieve a peak production of approximately 17,900 bopd in 2026. The oil property is heavy crude. SourceContinue Reading
SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors. These solutions would be integrated within SLB’s digital sustainability platform, building on the collaboration announced in 2022. SourceContinue Reading
Lance is among several CEOs looking to utilize North America’s gas reserves, of which the head of ConocoPhillips says is “substantial.” Lance went as far as to predict “a century” of available resources. SourceContinue Reading