trends

ConocoPhillips will sell its interests in the Gulf of Mexico Ursa and Europa fields to Shell for $735 million, both companies confirmed today. ConocoPhillips continues to work towards a strategy of divesting noncore assets, while […]

The Railroad Commission of Texas assessed $1,346,019 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday. The Commission has primary oversight and enforcement of the state’s oil […]

Caterpillar Oil & Gas has launched its new Cat® Dynamic Gas Blending™(DGB) Gen 2 Kit. The solution enables drilling companies to utilize existing 3512C Tier 2 power solutions to lower greenhouse gas (GHG) […]

Repsol has selected IBS Software to transform its primary logistics operations across multiple locations. The partnership will see Repsol adopt IBS Software’s iLogistics Control Tower solution streamlining logistics and providing an end-to-end view of the […]

EnerMech has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services, building upon a strong relationship which stretches back to 2017. The award, in […]

Mozambique stands out as a key player in natural gas production and plays a crucial role in Africa’s agenda to expand electricity access and clean cooking solutions, according to NJ Ayuk, Executive Chairman of the […]

Diamondback Energy has entered into a definitive agreement to acquire Double Eagle, significantly expanding its acreage and presence in the Permian basin. The deal holds a value of approximately $4.08 billion, with Diamondback […]

bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part […]

SBM Offshore has announced the signature of a study with PETROBRAS for the application of Carbon Capture Modules on FPSOs. The module design is based on a successful engineering and design study between […]

ExxonMobil has invested over $20 million in Mozambique as part of its local content development strategy since 2017 and plans to direct more investments in the local economy through upcoming projects, according to Armando Afonso, […]