“America’s energy sector shouldn’t pick winners or losers; it should allow the free market to provide rock-bottom prices.” Texas Railroad Commissioner Wayne Christian gives his take on energy subsidies and the dangers of runaway government spending in this Op-Ed. SourceContinue Reading
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. SourceContinue Reading
Atlas Energy Solutions has completed its previously announced acquisition of Moser Energy Systems. The addition of Moser to Atlas’ existing businesses strengthens its portfolio of proppant, logistics (including the Dune Express), and distributed power solutions. SourceContinue Reading
Black Gold Exploration Corp. (BGX) has commenced drilling on the Fritz 2-30 oil and gas well in Clay County, Ind. BGX recently acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210-acre area of mutual interest from the operator, Adler Energy. SourceContinue Reading
Chevron’s presence in Venezuela has helped lift the nation’s crude production back above 1 million bpd, in turn boosting the local economy. Now U.S. President Trump is poised to leverage this to get what he wants from Venezuelan President Nicolás Maduro. SourceContinue Reading
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days. SourceContinue Reading
Saipem and Subsea7 have announced a memorandum of understanding (MoU) has been reached for a likely mega-merger to join the two companies. The entity will be renamed Saipem7, and the deal is expected to deliver significant value to shareholders of both Saipem and Subsea7. SourceContinue Reading
Innovex International announced the signing of a strategic frame agreement with SLB OneSubsea for the supply of subsea wellhead systems. SourceContinue Reading
Centrium Energy Solutions™, a newly launched oil & gas chemical supplier, is aiming to reduce supply chain risks and improve the reliability of upstream and midstream products with a domestic distribution model that solves critical challenges in sourcing, logistics and performance. SourceContinue Reading
Global energy consultancy Xodus has secured a landmark contract to support the development of an advanced carbon capture and storage (CCS) hub in Japan. The project will enable significant carbon emissions reduction across key industrial sectors. SourceContinue Reading