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

Clariant has announced the launch of its CHEMVISION™ platform, an innovative tool designed to give real-time, data-driven insights for offshore chemical management. SourceContinue Reading

(Bloomberg) – A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three crude producer in South America. SourceContinue Reading

DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure. SourceContinue Reading

SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations. SourceContinue Reading

The 2024 China-Africa Think Tank Energy Forum recently convened in Chad’s capital, N’Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities. SourceContinue Reading

ADNOC has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s Petronas. The 15-year SPA is for supplying 1 million tonnes per annum (mtpa) of LNG. SourceContinue Reading

Aramco has signed a shareholders’ agreement with Linde and SLB, paving the way for development of a Carbon Capture and Storage (CCS) hub that is expected to become one of the largest globally. SourceContinue Reading

Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. SourceContinue Reading

(Bloomberg) – Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, in a deal that brings immediate production and cashflow benefits, Chappal says. SourceContinue Reading