trends

Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Basin, onshore Brazil, from seller Brava Energia. […]

INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in […]

(Bloomberg) – UK Energy Secretary Ed Miliband will soon be asked by oil companies to approve a new field that he’s previously criticized for being “climate vandalism.” His pending decision on the Rosebank site developed […]

Custos Energy announced completion of the previously announced farm-in by Chevron Namibia Exploration II Limited, a subsidiary of Chevron Corporation, into Petroleum Exploration License 82 (PEL 82). The transaction provides for an 80% […]

(Bloomberg) – Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s position against fracing, which he says is destructive to […]

Repsol will extend its co-innovation collaboration with Accenture to continue advancing the goals of its Digital Program and accelerate the use of generative AI (gen AI) across the company, through the introduction and deployment of […]

Makai Ocean Engineering has announced a collaboration with Triton Software Ltd to integrate the Ocean Vector Chart Service (OVCS) and provide seamless access to high resolution nautical charts directly in MakaiPlan, its submarine cable route […]

(Bloomberg) – Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S. The Norwegian company lowered its 2030 target […]

DNO ASA reported 2024 revenues of USD 667 million on the back of robust production in the Kurdistan region of Iraq in a year marked by continuing North Sea expansion. Cash from operations increased nearly […]

VIKING Life-Saving Equipment is strengthening its position in boat manufacturing by investing in a new state-of-the-art manufacturing facility in Arendal, Norway. The new building covers 3,400 sqm and is designed to meet requirements for high-end […]