The National Ocean Industries Association (NOIA) has issued a response to President Biden’s planned unilateral ban of new offshore oil and gas activities across vast swaths of America’s offshore areas under Section 12(a). SourceContinue Reading
The American Petroleum Institute (API) has released a statement from President and CEO Mike Sommers on reports the Biden administration will move to ban new oil and natural gas activity across millions of acres of federal waters. SourceContinue Reading
Varel Energy Solutions (VES) has acquired Ace Well Technology (ACE), an international supplier of oilfield casing, cementing and completion products. The deal will expand VES’ smart completions offerings supporting the offshore and premium market sectors. SourceContinue Reading
The U.S. Chamber’s Global Energy Institute issued a statement regarding the Biden Administration’s plans to restrict offshore oil and natural gas drilling, calling on Congress and the incoming administration to reverse the policy. SourceContinue Reading
TGS, a global provider of energy data and intelligence announced today the launch of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin. SourceContinue Reading
Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. SourceContinue Reading
The Independent Petroleum Association of America (IPAA) have responded to the announcement of the Biden Administration’s plan to remove millions of acres of U.S. oceans from potential oil and gas drilling. SourceContinue Reading
(Bloomberg) – Oil extended a rally that has brought it to the highest in more than two months as shrinking U.S. crude stockpiles and a risk-on tone in broader markets overshadowed signs of a misfiring Chinese economy. SourceContinue Reading
Egypt President Abdel Fattah El-Sisi has emphasized the importance of developing newly discovered wells and including them in the nation’s production plan, as well as intensifying exploration activities in Egypt’s onshore and offshore areas. SourceContinue Reading
The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit. SourceContinue Reading
