Velesto Energy Bhd. (Velesto) has signed a Memorandum of Understanding (MOU) with Petroliam Nasional Bhd. (Petronas) and National Oilwell Varco L.P. (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.
CoolCo said that its fleet achieved an average time charter equivalent earnings (TCE) of $81,600, jumping from $78,400 for Q2, as one vessel started a higher rate charter.
North America’s total rig count remained unchanged week on week, according to Baker Hughes’ latest North America rotary rig count, which was published late Friday. Although the U.S. dropped one rig week on week, Canada added one rig during the same timeframe, leaving the total North America rig count at 784, Baker Hughes’ count outlined. […]
Government of Morocco is expected to launch tenders as part of the initial phases of the Nigeria-Morocco gas pipeline in 2025.
According to the leading energy company, gas is the immediate solution to many immediate problems in Africa; thus, there is a compelling development case for investment in the resource.
Top government officials as well as oil and gas stakeholders have confirmed to attend the 2024 edition of the Practical Nigerian Content (PNC) Conference and Exhibition slated for the first week of December in Bayelsa State.
Tullow and the Ghana Forestry Commission have completed all requirements to commence full-scale implementation of a joint nature-based carbon offset project, launched earlier this year.
The current five-year gas transit deal between Russia and Ukraine expires on Dec. 31 and Kyiv has repeatedly said it would not engage in talks with Moscow over an agreement extension.
“The Russian government also uses Gazprombank to pay its soldiers, including for combat bonuses, and to compensate the families of Russian soldiers killed fighting Putin’s war against Ukraine. Australia, Canada, New Zealand and the UK have previously sanctioned Gazprombank,” it continued.
“These Russian attacks on Ukrainian life can be stopped,” he said. “With pressure, sanctions, blocking the occupiers’ access to the components they use to create the tools of this terror, arms packages for Ukraine, and a resolve that must be unwavering.”