Borr Drilling Limited has announced its securement of a new contract commitment for its premium jackup rig “Norve” with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025. SourceContinue Reading
Enverus Intelligence® Research (EIR) has released its latest Fundamental Edge report, which focuses on global drivers for oil and gas prices through 2030, the five-year oil and gas supply and demand outlook and price forecasts. SourceContinue Reading
SPM™ Oil & Gas announced that their SPM™ WS 335 Frac Pump has achieved more than 13,000 pumping hours in the Permian before its first overhaul, demonstrating an ability to last four times longer than traditional pressure pumping equipment. SourceContinue Reading
INEOS with its partners Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) on the first commercial phase of Project Greensand, with storage operations set to begin at the end of 2025/early 2026. SourceContinue Reading
e2Companies has announced a strategic collaboration with Nabors that will expand business opportunities for integrated power solutions in the oilfield and broader energy markets. SourceContinue Reading
Borr Drilling Limited has announced its securement of a new contract commitment for its premium jack-up rig “Norve” with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025. SourceContinue Reading
Northern Endurance Partnership (NEP) has announced development of the UK’s first CCS project in partnership with TotalEnergies. NEP, in which TotalEnergies holds a 10% shareholding interest, will permanently store up to an initial 4 million tonnes of CO2 per year. SourceContinue Reading
TotalEnergies has finalized the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream, an independent gas producer in Malaysia. SourceContinue Reading
SPM™ Oil & Gas announced that their SPM™ WS 335 Frac Pump has achieved more than 13,000 pumping hours in the Permian before its first overhaul, demonstrating an ability to last four times longer than traditional pressure pumping equipment. SourceContinue Reading
Rick Muncrief will retire as President and Chief Executive Officer and member of the Board of Directors of Devon Energy Corporation effective March 1, 2025. Clay Gaspar, currently Devon’s Chief Operating Officer, will succeed the role. SourceContinue Reading
