DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer. The new capacity aligns with the company’s subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions. SourceContinue Reading
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop. SourceContinue Reading
Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. SourceContinue Reading
Kimbell Royalty Partners has agreed to acquire mineral and royalty interests held by a private seller in a cash and unit transaction valued at approximately $231 million. The acquired assets, located in the Midland basin, will produce an estimated 1,842 boed in 2025. SourceContinue Reading
DENIOS now offers a new line of non-sparking tools that brings vital safety and reliability to chemical plants, grain silos, and other locations with higher risk of fire or explosion. SourceContinue Reading
Trillion Energy has announced the successful installation of 2 3/8” velocity string tubing (VS) into the Alapli-2 natural gas well, marking a significant step in the company’s efforts to enhance long-term gas production at the SASB field. SourceContinue Reading
(Bloomberg) – South Sudan’s government called for the Dar Petroleum Operating Co. to begin resuming oil output on Wednesday, days after neighboring Sudan — through which crude flows to the coast — reopened the route for exports. SourceContinue Reading
(Bloomberg) – Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project in Guyana’s Stabroek block. The legal outcome will prove key to advancing the stalled $53 billion Hess-Chevron merger. SourceContinue Reading
Bryan L. Clark has joined Bracewell LLC’s Dallas office as a partner in both the firm’s oil and gas and energy transition practice groups. Clark previously served for over a decade as the primary midstream counsel at Pioneer Natural Resources USA, Inc. SourceContinue Reading
PakEnergy has acquired Petrosight in a move to reinforce its position as a single-source provider of end-to-end well-lifecycle management solutions from site planning and construction to drilling, production, workovers and decommissioning. SourceContinue Reading