Royal Dutch Shell raised its dividend by almost 40% and said it will buy back $2 billion of shares, continuing an effort to win back investors as stronger oil prices and a buoyant chemicals market lifted earnings. SourceContinue Reading
The maritime industry faces challenges in adopting new technologies and operational practices to reduce emissions of carbon and other greenhouse gases. Panos Koutsourakis, ABS Director of Sustainability Strategy, Singapore, explains why methanol as a marine fuel is one of the near-term solutions. SourceContinue Reading
Forum Energy Technologies, Inc. announced that it has secured an order from DOF Subsea to supply two of its improved 200HP Perry XLX-C work-class remotely operated vehicles. SourceContinue Reading
ExxonMobil reported a significant discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality, oil-bearing sandstone reservoirs. SourceContinue Reading
Six weeks after a federal judge ordered the Biden administration to resume selling oil and gas leases on federal land, there’s no sign it has and Interior Secretary Deb Haaland struggled Tuesday to explain why. SourceContinue Reading
Oceaneering International and DDK Positioning Limited have entered into an agreement for the provision of GNSS augmentation service and all associated software and hardware supporting Oceaneering’s C-Nav Positioning Solutions group offerings. SourceContinue Reading
Halliburton Company introduced ExpressFiber, a single-use fiber optic cable that offers accurate, direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad. SourceContinue Reading
Proserv Controls has secured a significant contract to manufacture and deliver 22 wellhead control panels to the Basra Oil Company for use on the Majnoon Oil Field in southern Iraq. SourceContinue Reading
British Isles seabed regulator The Crown Estate has confirmed an intention to move forward with the lease process for two 100MW floating wind test and demonstration sites in the Celtic Sea to Llŷr Floating Wind Limited. SourceContinue Reading
By leveraging the combined strengths of their digital oilfield solutions, the partnership provides a single, unified solution to accelerate innovation and optimize every completions operation. SourceContinue Reading
