TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. SourceContinue Reading

ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million including performance-based payments. SourceContinue Reading

ADNOC and AIQ announced today at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation. SourceContinue Reading

During its 95th Annual Meeting in Boca Raton, Fla., last week, the Independent Petroleum Association of America (IPAA) announced its new chairman for a two-year term while also revealing its first Chief Roughneck Award winner in five years. The two-day event hosted independent producers from across the U.S. SourceContinue Reading

With talent acquisition continuing to be a huge industry challenge, the global research project “Energy Sector Entry and the Perceived Barriers” was commissioned by OPITO to better understand young people’s perceived barriers to entering the energy sector. SourceContinue Reading

DNV Inspection, an independent assurance and risk management provider, has set its sights on aggressive growth in the low-carbon energy space following a run of contract wins in recent years.   SourceContinue Reading

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. SourceContinue Reading

Shell Brasil announced the start of production of the Mero-3 FPSO facility in the Mero field, in the pre-salt area of the Santos Basin, offshore Brazil. The FPSO has an operational capacity of 180,000 bopd. SourceContinue Reading

Halliburton has announced the addition of SandTrap® XL to its sand consolidation portfolio. This latest innovation addresses the industry’s challenge of excessive sand production with a low-viscosity resin system. Activated externally, it enables solids control over large intervals. SourceContinue Reading

Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream. Petrofac will support Bapco’s production plans to meet gas demands for Bahrain through the delivery of well hook-ups, associated pipelines and tie-ins for several new wells within the Bahrain Field. SourceContinue Reading