Superior Energy Services has entered into a definitive agreement to acquire Welltec International, expanding its well intervention and completions technology portfolio and increasing its international and offshore presence.
Abu Dhabi’s XRG is exploring the acquisition of a stake in the Shell Plc-led LNG Canada export project, as the state-owned group pursues plans to become a major global supplier of natural gas, people familiar with the matter said.
Shell Offshore Inc. has completed the sale of its interests in the Na Kika platform and Coulomb field in the U.S. Gulf to Talos Energy and an affiliate of Ridgewood Energy, receiving approximately $840 million in cash proceeds at closing.
Strohm has completed a joint industry program with Petrobras and Shell to qualify its thermoplastic composite pipe (TCP) flowline technology for ultra-deepwater operations, clearing the way for a planned Petrobras pilot in Brazil’s pre-salt in early 2027.
Britain risks losing thousands more skilled North Sea oil and gas workers before emerging energy industries can absorb them, according to a new report from the North Sea Transition Taskforce.
A group of members of Libya’s Oil Facilities Guard Agency on Tuesday closed the gates of the Zawiya Oil Refinery and Al-Burayqa Oil Marketing Company, preventing workers and technicians from entering and replacing night-shift crews responsible for operations, the National Oil Corporation (NOC) said.
Brazilian state oil company Petrobras, through its wholly owned subsidiary Petrobras Netherlands B.V. (PNBV), has signed production-sharing contracts (PSCs) with the Republic of Côte d’Ivoire and PETROCI Holding for eight offshore exploration blocks, the company said.
Pakistan is set to receive an LNG cargo from Qatar after having negotiated with Iran the safe passage of the shipment through the Strait of Hormuz
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia’s Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union’s Sentinel-2 satellite.
Trio Petroleum has signed a farm-in and development agreement with Croverro Energy covering up to 14 new multilateral heavy oil drilling opportunities in the Lloydminster region of Alberta and Saskatchewan, Canada.