News

Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of […]

ADNOC Drilling has secured a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs, the UAE-based company announced Monday.  […]

Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contract wins strengthen Fugro’s decades-long partnership with Petrobras, building on a history of collaboration that […]

(WO) — SLB’s OneSubsea joint venture has secured an engineering, procurement and construction contract from Equinor to deliver the subsea CO₂ injection system for phase two of the Northern Lights project offshore Norway. […]

(Bloomberg) — France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina, according to people familiar with the matter. Progress with […]

(Bloomberg) — The number of rigs drilling for crude in the U.S. declined for the longest weekly streak in about five years as shale explorers shrugged off a recent jump in crude prices. The number […]