(Bloomberg) – Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset production declines later in the decade. SourceContinue Reading
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed ‘Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.’ SourceContinue Reading
Europe’s oil and gas industry is increasingly leveraging AI to optimize operations across its value chain as the region faces growing energy security concerns, according to a new research report published by Information Services Group (ISG). SourceContinue Reading
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters. SourceContinue Reading
Chevron has announced the start of oil production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Estimated peak production from the Whale development is 100,000 gross boed, with up to 15 wells in the first phase. SourceContinue Reading
ASCO has secured a five-year contract for base and logistics services for Aker BP in Norway. The agreement also includes continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination. SourceContinue Reading
Pioneer Energy has been granted four awards by the U.S. DOE totaling $27 million. Pioneer will use the funds to advance its Emission Control Treater™ (ECT), a near-zero emissions well pad production technology that can increase crude yield by 5-10%. SourceContinue Reading
Enverus has released its list of the most prolific 50 public oil and gas operators in the U.S. based on gross operated production last year. “Oilpatch mergers reshape rankings, but the Permian remains king,” Enverus reported. SourceContinue Reading
SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others. SourceContinue Reading
CB&I has been awarded a substantial contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated work for its liquefied natural gas (LNG) project, in Ruwais, Abu Dhabi, UAE. SourceContinue Reading
