trends

(WO) — Transocean Ltd. has secured a $232 million contract with bp for its Deepwater Atlas drillship in the U.S. Gulf of Mexico. The 365-day contract, which includes an option for an additional 365 days, is […]

(WO) — Diamondback Energy announced that it has closed its merger with Endeavor Energy Resources, the company said on Sept. 10. RELATED: Diamondback Energy, Endeavor Energy create “largest” Permian oil and gas operator with $26 billion […]

(WO) — The Texas Alliance of Energy Producers (the Alliance) board of directors has appointed Karr Ingham as the organization’s new president, effective July 1, 2024. “Karr’s extensive experience and unwavering commitment to our mission […]

(WO) — The Independent Petroleum Association of America (IPAA) has expressed support for the U.S. Senate’s passage of H.R. 7377, the “Royalty Resiliency Act.” Sponsored by Congressman Wesley Hunt (TX-38), the bill seeks to address […]

(WO) — bp has chosen ABS to support its deepwater Kaskida project in the Gulf of Mexico. ABS will provide classification and engineering verification for the project’s new semisubmersible production unit. “ABS is […]

(WO) — At the Asia Pacific Petroleum Conference (APPEC) in Singapore this week, traders were generally bearish, with many predicting oil prices could drop to $60 per barrel, despite Brent crude falling below $70, according […]

(WO) – APA Corporation has entered into an agreement for the sale of non-core producing properties in the Permian basin to an undisclosed buyer for $950 million. The properties are located in the […]

(WO) – Aquaterra Energy announced the launch of its legacy well re-entry and re-abandonment services along with its new patent-pending Recoverable Abandonment Frame (RAF). George Morrison, CEO at Aquaterra Energy The combined solution […]

(WO) – The North Sea oil and gas industry made further progress on its transition to net zero by cutting production emissions 4% last year, contributing to an overall reduction of 28% between 2018 and […]

(WO) – The American Petroleum Institute is raising concerns over the recent decision by the U.S. District Court for the District of Maryland to vacate the National Marine Fisheries Services’ (NMFS) Biological Opinion in the […]