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World Oil News
Exxon Mobil Corp has announced plans to sell a portion of its assets in North Dakota’s Bakken shale formation, according to Reuters. Source
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Perenco Colombia successfully completed drilling of three new development wells on the Paravare and Chaparrito fields at Casanare, onshore Colombia, identifying large oil discoveries. Source
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MOL Group signed a Memorandum of Understanding with Turkish Petroleum Corporation (TPAO) in Istanbul to form a strategic partnership for hydrocarbon exploration and production. Source
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Wood is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilization and Storage (CCUS) projects. The guidelines are the first of their kind to focus on the impact of impurities in CO2 across the entire CCUS value chain. Source
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Enverus Intelligence Research gives an in-depth analysis of challenges and opportunities in hydrocarbon supply amid commodity price volatility Source
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OMMICA has supplied portable testing kits to one of Saudi Arabia’s leading oil and gas producers, a landmark achievement after almost 15 years utilizing its in-house chemical testing methodology. Source
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Baker Hughes has secured an order to supply centrifugal and electrical-driven Integrated Compressor Line (ICL) compressors to Saipem for TotalEnergies’ Kaminho FPSO unit in offshore Angola. Source
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Growing demand for application-specific routing and cyber security has created new solutions for users, writes Alexandre de Luca, President, Energy, Enterprise and Government, Marlink Source
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Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors’ Drilling Solutions business and will lead to profitable growth for both companies. Source
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Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors’ Drilling Solutions business and will lead to profitable growth for both companies. Source
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