trends

OEG has secured a significant multi-year helifuel services contract with a major UK operator. Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on […]

Viridien has set a new seismic data acquisition standard with the launch of Sercel Accel, the industry’s first onshore drop node solution. Unveiled at the EAGE Annual Conference and Exhibition in Toulouse, France, […]

ADNOC Gas has reached final investment decision (FID) and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment. […]

(Bloomberg) — OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of […]

Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. […]

American Petroleum Institute (API) President and CEO Mike Sommers issued the below statement following the National Highway Traffic Safety Administration’s final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the […]

Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector. Image: […]

Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, […]

The Energy Workforce & Technology Council has released its May 2025 jobs report, highlighting continued resilience in the energy services sector amid signs of a broader national labor market slowdown. Total jobs in the energy […]

(Bloomberg) – Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices.  The company […]