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World Oil News
ADNOC and AIQ announced today the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tailored for the energy sector. Source
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Kongsberg Maritime has successfully delivered its REACH REMOTE 1, a 24-meter unmanned surface vessel (USV) designed to transform conventional offshore operations. Its initial mission will be to conduct underwater surveys off the coast of Haugesund, Norway. Source
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Kongsberg Maritime has successfully delivered its REACH REMOTE 1, a 24-meter unmanned surface vessel (USV) designed to transform conventional offshore operations. Its initial mission will be to conduct underwater surveys off the coast of Haugesund, Norway. Source
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Helmerich & Payne, Inc. (H&P) today announced that it has completed its acquisition of KCA Deutag, establishing a global leader in onshore drilling in a deal valued at nearly $2 billion. H&P aims to expand its Middle East presence and strengthen cash flow. Source
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ADNOC Gas in partnership with Baker Hughes has successfully installed British climate technology firm Levidian’s patented LOOP technology at the Habshan Gas Processing Plant. This marks the first-ever deployment of the technology at an operational gas processing site. Source
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Sky Quarry has announced the successful completion of its 2024 PR Spring capex program. Once fully commissioned, PR Spring has a capacity to produce up to 2,000 bopd by extracting oil from both waste asphalt shingles and hydrocarbon resources. Source
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(Bloomberg) — Donald Trump’s secretary of state-nominee Marco Rubio said the U.S. should reconsider Chevron Corp.’s sanctions waiver that allows the oil giant to operate in Venezuela. Chevron is the only U.S. oil producer left in Venezuela. Source
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Highwood Emissions Management has announced the launch of their Emissions Intelligence Platform (EIP), a software that streamlines complex measurement-informed methane emissions accounting and reporting for the oil and gas industry. Source
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TGS has been awarded four 4D streamer contract acquisition projects, three in the North Sea and one in the Barents Sea, the company announced. The North Sea campaign will commence early Q2, with the 4D contract in the Barents Sea to follow in May. Source
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Bridger Photonics has announced its Gas Mapping LiDAR™ technology has been approved by the Environmental Protection Agency (EPA) to be used for regulatory compliance in oil and gas operations. Source
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