Corinth Pipeworks has been awarded a significant contract by Woodside Energy, as operator of the Trion deepwater field in the Gulf of Mexico, to manufacture and supply approximately 118 km of High Frequency Welded (HFW) steel pipes. SourceContinue Reading

The upcoming period of rapid growth is bolstered by deepwater projects, recent successful discoveries in Indonesia and Malaysia, and positive carbon capture and storage (CCS) advancements, which will be crucial in meeting the region’s sanctioning agenda in the years ahead. SourceContinue Reading

The data published by OPEC’s Vienna-based secretariat on Wednesday show that three of the coalition’s biggest members still haven’t conformed to their oil production targets, let alone begun additional compensatory cuts they promised to make up for earlier cheating. SourceContinue Reading

Capable of producing up to 550 MMcfgd, this project is poised to address the increasing global energy demand at a time when executives are betting on natural gas. SourceContinue Reading

RMSpumptools is a leader in electrical penetrator and connector systems, mechanical completion systems and intervention tools, subsea connector systems, and ESP monitoring systems for challenging electrical submersible pumping (“ESP”) applications. RMSpumptools designs, manufactures, and delivers its solutions from locations in the United Kingdom, Saudi Arabia, and the United Arab Emirates. SourceContinue Reading

ADNOC has signed several new long-term LNG sales commitments with international partners, including for the delivery of 1 million tonnes per annum (MMtpa) with Shell and 0.6mtpa with Mitsui & Co., taking the committed Ruwais LNG production capacity to 70%. SourceContinue Reading

Occidental, which is building a carbon-capture portfolio through its subsidiary 1PointFive, plans to build a fleet of plants that suck carbon dioxide directly from the air. Microsoft on Tuesday agreed to buy 500,000 metric tons of credits from the company’s Stratos plant in Texas, which is expected to start up next year. SourceContinue Reading

Grayson Mill was one the largest remaining private opportunities reasonably likely to come up for sale, with around 500 remaining drilling locations and over 100 Mboed production. Among remaining private equity-sponsored E&Ps, as opposed to truly private companies like Continental Resources, Grayson Mill had the largest count of remaining undeveloped gross drilling locations. SourceContinue Reading

Grayson Mill was one the largest remaining private opportunities reasonably likely to come up for sale, with around 500 remaining drilling locations and over 100 Mboed production. Among remaining private equity-sponsored E&Ps, as opposed to truly private companies like Continental Resources, Grayson Mill had the largest count of remaining undeveloped gross drilling locations. SourceContinue Reading

Over the next two weeks, the well will be flowed and production-tested to more rigorously determine the reservoir pressure, fluid composition, well flow rate and bulk reservoir permeability, and to deliver an early estimate of the overall potential recoverable resources. SourceContinue Reading