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FG highlights key sector reforms at US-Nigeria strategic energy dialogue

*Nigerian and US officials at the inaugural US-Nigeria Strategic Energy Dialogue, Oritsegbubemi Omatseyin Lagos — The Federal Government of Nigeria, at the inaugural US-Nigeria Strategic Energy Dialogue, highlighted key sector reforms which include closing the energy […]

Saipem secures $2bn Marjan field contract offshore Saudi Arabia

*Oil and gas platforms located in the Marjan field offshore Saudi Arabia. Newswire — Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of […]

Kent commits to U.S. market with significant expansion in Houston, Texas

(WO) – Kent is strengthening its presence in Houston, Texas, with significant strategic investments aimed at expanding its operations and capabilities in the region. Building on its 66-year legacy in the Americas, the company is […]

Johan Casteberg FPSO arrives offshore Norway with 2024 oil production start date in sight

(WO) – On Sept. 17, Equinor announced that the Johan Casteberg floating production, storage and offloading vessel (FPSO) is now securely anchored in the Barents Sea offshore Norway. Source: Equinor The hook-up of […]

Italy to stop oil and condensates concessions, draft decree shows

The decree says that the ban will not be applied to exploration and production that had already been approved. The move is in line with Italy’s energy transition plan, which is based on the shift […]

UK’s offshore oil and gas industry smashes 2027 emissions reduction goal ahead of schedule

*Oil and gas rigs offshore UK. Newswire – The UK’s offshore oil and gas industry reached its 2027 target for cutting emissions four years earlier than promised by making power systems more efficient, and reducing […]

Halliburton launches Clear electromechanical well intervention portfolio for completions operations

(WO) – On the first day of Gastech 2024, held this week in Houston, Texas, Halliburton Company introduced the Clear portfolio of electromechanical well intervention technologies and services. This portfolio addresses challenges related […]

NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off

*Special Adviser to the President on Energy, Olu Verheijen with participants at the US-Nigeria Energy Dialogue in Washington. Mkpoikana Udoma Port Harcourt — The $550 million upstream gas project between the NNPC Ltd. and TotalEnergies […]

SLB accelerates digital transformation with Lumi data and AI platform launch

(WO) — Global energy technology company SLB launched the Lumi data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value chain. The open, secure and […]

Oil prices steady as US output concerns counter tepid Chinese demand

*Global oil flow. – Weak August data fuels China demand worries– Odds of 50 bps US rate cut this week at 69%– More than 12% of crude production in the U.S. Gulf of Mexico remained […]