trends

(Bloomberg) — bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of […]

Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations […]

(Bloomberg) – Chevron Corp. is on the cusp of reaching a production plateau in the largest U.S. oil field, allowing it to reap billions of dollars of additional cash flow in the next few years.  […]

EnerMech has been awarded a two-year crane operations & maintenance (O&M) contract extension to continue supporting a North Sea operator. The current agreement, which began in August 2022, will now run until at least August […]

EnQuest PLC has been awarded a Production Sharing Agreement (PSA) for Block C in Brunei by the Petroleum Authority of Brunei Darussalam (PABD).  EnQuest will initially be the sole operator of the PSA […]

SLB has successfully completed its previously announced $7.8 billion acquisition of ChampionX. The announcement follows a period of regulatory delays amid competition concerns, with the final regulatory hurdle being cleared yesterday as UK’s Competition and […]

Strohm has successfully completed the first field trials with Petrobras for its thermoplastic composite pipe (TCP) pipe design offshore Brazil, at water depths of approximately 1,500 m.  The testing and engineering assessments, which […]

Baker Hughes, and Petronas announced that they have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and […]

(Bloomberg) – Tullow Oil Plc and Kenya’s Gulf Energy Ltd. have secured an extension to submit a development plan for fields in Kenya, a crucial step to completing a sale of the assets.  […]

Expro has been awarded a major three-year contract by Woodside Energy in support of the Trion deepwater oil and gas development offshore Mexico.  Expro well construction Under the agreement, Expro will provide industry-leading […]