trends

(Bloomberg) – The largest oil producer in the United Arab Emirates is focused on closing its nearly $13 billion acquisition of German chemical maker Covestro AG which would establish a base for international growth. […]

(Bloomberg) – BP Plc and the Iraqi government took another step toward reviving one of the OPEC member’s most prolific oil and gas resources, the Kirkuk field. The agreement on technical terms to redevelop the […]

READ (including subsidiaries READ Cased Hole and ANSA) has announced a new chapter in their corporate evolution within global well-integrity services and solutions. Since the establishment of a joint ownership model with HydraWell in 2022, […]

The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth. The TIPRO […]

Sercel has announced a contract with a marine geophysical company for the deployment of its Tuned Pulse Source (TPS™), an innovative low-frequency broadband marine seismic source, and the provision of related support services. The geophysical […]

Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea […]

Seadrill has announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. The contract, awarded by Petrobras, […]

Seadrill has announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. The contract, awarded by Petrobras, […]

Elementz, a new company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one. Elementz was launched in […]