trends

Ovintiv has closed its previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day (MBOE/d) of production, 900 net 10,000 […]

The Forum Energy Technology (FET) Subsea product line has secured a contract to provide a work class remotely operated vehicle (ROV) system and a Dynacon Launch and Recovery System (LARS) to ACSM, the Spanish-headquartered global […]

Aker BP has selected Aucotec as one of its’ partners in the digital infrastructure of the Yggdrasil development in the Norwegian North Sea. At the core of this decision is Engineering Base, a proven cooperation […]

SLB has opened its Africa Performance Center in Luanda, Angola. The center will serve as a collaborative hub for industry stakeholders providing access to innovative solutions across digital, Artificial Intelligence (AI), oil and gas, and […]

Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has entered into a cooperation agreement with Australia-based energy industry equipment and services provider, R&D Solutions, expanding the company’s presence in Asia Pacific. […]

(Bloomberg) – Argentina scored its widest annual energy trade surplus in nearly two decades in 2024 thanks to booming oil and gas production in the country’s Vaca Muerta shale patch. It’s forecast to do even better this […]

Golar LNG has announced that the FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced. Prior […]

Chevron announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing […]

(Bloomberg) – Chevron Corp. said Friday it completed an expansion at Kazakhstan’s huge Tengiz oil field, which is expected to pump 1 million barrels a day (bpd) by the middle of this year. The expansion, […]

Salunda has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s proven digital technologies to deliver automated location and control of critical equipment and personnel. The collaboration – […]