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World Oil News
ADNOC has awarded a contract to BGP worth up to $490 million to expand the scope of the world’s largest combined 3D onshore and offshore seismic survey underway in Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields. Source
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Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the National Republican Senate Committee flipping the U.S. Senate. Source
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The latest data from this year’s OEUK Decommissioning Report being published later this month show a challenging picture of spiraling costs, political uncertainty and competition for the specialist equipment needed to dismantle oil and gas platforms and seal abandoned wells. Source
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Weatherford has announced two contracts in the Middle East, with Kuwait Oil Company (KOC) and a National Oil Company (NOC) in Qatar. The contracts will implement Weatherford’s drilling technologies for enhanced safety, speed, and cost-efficiency in well delivery. Source
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Former President Donald J. Trump will be President again, come Jan. 20, 2025, after his historic comeback win in the U.S. presidential election of Nov. 5, which extended into the wee hours of Nov. 6. Source
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The National Ocean Industries Association (NOIA) issued a statement congratulating President-elect Trump, and expressing belief that the benefits of American offshore energy production transcend political affiliations. Source
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The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory. Source
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The Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman issued a statement on the results of the 2024 presidential election, congratulating Trump and expressing enthusiasm for Trump’s commitment to energy leadership. Source
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CNOOC Limited announces that Long Lake Northwest Project in Canada has commenced production safely. The project is expected to achieve a peak production of approximately 8,200 bopd in 2025. Source
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The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory. Source
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