ADNOC announced today the fourth cohort of its prestigious Trading Academy, which prepares ADNOC’s UAE National talent for roles as global traders of refined and crude products in the company’s trading operations, ADNOC Global Trading (AGT) and ADNOC Trading (AT). SourceContinue Reading

SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block 58 in Suriname, operated by TotalEnergies. SourceContinue Reading

SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. SourceContinue Reading

ADNOC Gas has signed a 10-year Sales and Purchase Agreement (SPA) with GAIL India Limited, India’s largest natural gas company, to supply up to 0.52 million metric tons per annum (mmtpa) of liquefied natural gas (LNG), starting in 2026. SourceContinue Reading

Caterpillar Oil & Gas has announced the launch of the Cat® Closed Crank Ventilation (CCV) System, a technology designed to eliminate the venting of crankcase gases, commonly referred to as blow-by emissions, from internal combustion engines. SourceContinue Reading

Seatrium and the Institute of Technical Education (ITE) announced they have joined forces to inaugurate a state-of-the-art Digital Learning Lab. The initiative aims to enhance digital skillsets in the Marine & Offshore (M&O) Energy industry and attract a new generation of talent. SourceContinue Reading

Technip Energies, in partnership with SBM Offshore, has been awarded a major contract by TotalEnergies for the GranMorgu FPSO in Suriname. The joint venture will combine Technip Energies’ expertise in engineering and modularization for the topsides and SBM Offshore’s Fast4Ward® hull. SourceContinue Reading

(Bloomberg) — Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand Coterra’s reach on the fast-growing New Mexico side of the top U.S. shale basin. The sale is expected to close in Q1 2025. SourceContinue Reading

Viasat, Inc. has shared its ‘State of Industrial IoT in 2024’ report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m). SourceContinue Reading

The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all while enticing investment in crude exploration and production. These policies will aim to drive oil and gas projects forward while spearheading sustainable growth. SourceContinue Reading