SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors. These solutions would be integrated within SLB’s digital sustainability platform, building on the collaboration announced in 2022.
STRYDE has secured six new contracts with leading academic institutions to provide its solutions, including its newest seismic system, “The STRYDE Mini System”, across the US, Europe, and Africa. The Mini System is a complete nodal seismic system specifically designed to enable small-scale seismic projects, including research projects for the academic sector. STRYDE’s investment in […]
Fenix field is part of Argentina’s Cuenca Marina Austral 1 concession, where TotalEnergies is operator
TechnipFMC has been awarded two subsea contracts by Petrobras for the pre-salt fields offshore Brazil.
Crude oil prices are on track to end the week with a rare gain for the past few months, supported by the Fed’s decision to cut the key interest rate by 0.5%.
Fitch Ratings is maintaining Ithaca Energy plc’s (Ithaca) Long-Term Issuer Default Rating (IDR) of ‘B’ and senior unsecured rating of ‘B+’ on Rating Watch Positive (RWP). The Recovery Rating is ‘RR3’.
ConocoPhillips has inked a natural gas supply deal with German Uniper that would see the U.S. major supply up to 10 billion cu m of gas to the German company annually over a period of 10 years.
China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform.
Kent is strengthening its presence in Houston, Texas, with significant strategic investments aimed at expanding its operations and capabilities in the region. Building on its 66-year legacy in the Americas, the company is doubling down on its commitment to the U.S. market as a central hub for its global operations.
Russian oil exports in August 2024 decreased by 290,000 b/d month-over-month (m-o-m) to 7 million b/d, according to analysis from the International Energy Agency (IEA), based on trade data from Kpler and Argus Media. This marks the second consecutive month of decline and the lowest level since March 2021.