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
HMi Elements has taken a major step into the UAE market through a partnership with Al-Yaseah, an Abu Dhabi-based supplier to the oil and gas industry. This marks HMi’s first venture into the UAE market, representing a significant milestone in its global expansion strategy. SourceContinue Reading
Paul Hickin, Editor-in-Chief of Petroleum Economist, has been named one of Cititec’s 50 Voices in Commodities Worth Following. This prestigious recognition underscores Paul’s exceptional contributions to commodity market analysis and his leadership in the global energy sector. SourceContinue Reading
(Bloomberg) – Colombia’s biggest offshore natural gas discovery by Petrobras and Ecopetrol SA could triple the country’s reserves if the deposit is commercially viable, potentially easing the nation’s shortfall. SourceContinue Reading
National Ocean Industries Association (NOIA) President Erik Milito issued a statement after the Bureau of Ocean Energy Management released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico. SourceContinue Reading
Magnaflux non-destructive testing (NDT) solutions are trusted by Oil Country Tubular Goods (OCTG) manufacturers, oilfield and pipeline inspection companies, power generation companies and refineries. SourceContinue Reading
Equinor and Shell will combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer, the companies’ UK subsidiaries have announced. SourceContinue Reading
(Bloomberg) – Chevron Corp. plans to slow production growth in the biggest U.S. oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up American oil output. SourceContinue Reading
Equinor and Shell will combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer, the companies’ UK subsidiaries have announced. SourceContinue Reading
