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World Oil News
Wood, the global consulting and engineering company, continues to expand its operations in the Southern North Sea with the award of a new operations and maintenance contract with Shell UK and Nederlandse Aardolie Maatschappij. Source
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Now in its second year, this program is free to students and educators and its mission is to empower and encourage them to delve into the energy industry and its many career fields through a variety of video showcases, virtual tours, and virtual visits to classrooms by respected professionals. Source
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Nigeria shouldn’t leave its gas in the ground and run the risk of ending up with an energy transition that unfairly deprives its citizens of energy, as well as opportunity. Source
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Oil closed the month almost 10% higher after a tumultuous session where China was said to order its top energy companies to secure supplies at all costs, prompting the White House to reiterate its concern over rising prices. Source
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Schlumberger and AVEVA announced an agreement to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production. Source
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Natural gas producer Vine Energy has signed a contract with global Baker Hughes to deploy its artificial lift solution, ProductionLink Edge, across 100 natural gas wells in Louisiana’s Haynesville Shale. Source
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Two of Big Oil’s biggest players dropped their long-term energy outlooks this week: French energy company TotalEnergies and the Organization of the Petroleum Exporting Countries. They offer quite different visions of the world 25 years from now. Source
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America’s oil producers are boosting output at a slower place as record costs hammer the shale patch, according to a survey of industry executives. Source
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A long-delayed Enbridge Inc. pipeline extending from Canada’s oil sands to the U.S. Midwest will enter service Friday after years of opposition from environmentalists and indigenous groups. Source
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A key driver for achieving this milestone is increased demand for flare gas to power projects, as well as Aggreko’s innovative approach to monetizing stranded gas assets. Source
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