trends

Fulkrum announced today the successful completion of its vendor surveillance work for Shell’s pioneering Penguins project. The six-figure contract, secured in March 2020, spanned five years and has now reached completion, with the […]

(Bloomberg) – Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. […]

Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following statement on EPA’s announcement today of actions to advance President Trump’s Day One executive orders on energy: “IPAA commends President […]

The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet […]

InCapture and joint venture partners SK earthon Australia and Carbon CQ have awarded Halliburton Australia the full scope of the G-15-AP CCS Declaration of Storage Project and signed a memorandum of understanding ( MOU) with […]

(Bloomberg) – Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Since striking a deal last year […]

(WO) – Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning. Political and fiscal uncertainty has impacted […]

Whitecap Resources and Veren today announced a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The all-share deal holds a value […]

MODS, a leading provider of intelligent industrial asset management software, has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies. The agreement will see MODS’ new client implement […]

(Bloomberg) – Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets. […]