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UKCS decommissioning champions revealed at annual OEUK awards gala in St. Andrews

(WO) Celebrating excellence in offshore decommissioning, the OEUK Awards announced the industry leaders on Nov. 21 during a grand gala at the annual Decommissioning Conference in St. Andrews. Recognizing outstanding achievements in project......【More】

2023-11-23

Aker BP, Aibel celebrate steel cut for “first-of-its-kind” production platform offshore Norway

(WO) On Thursday 2 November, Aker BP and Aibel celebrated the first steel cut for the Munin platform in Thailand. Thai monks blessed the steel in a formal ceremony before construction of the unmanned production platform got underway. With Y......【More】

2023-11-09

Eni selects SLB to deliver methane emissions measurement, reporting plans for global oil, gas operati

(WO) SLBs End-to-end Emissions Solutions business (SEES) has been selected by Eni to deliver comprehensive fugitive methane emissions measurement and reporting plans for Enis global operating facilities. The project, which is already in pro......【More】

2023-10-31

Semco Maritime, partners to develop Taiwanese offshore wind project

(WO) Early October 2023, the consortium consisting of Semco Maritime and PTSC Mechanical Construction, was awarded an engineering, procurement, and construction (EPC) contract for a 500MW offshore substation in the Feng Miao offshore wind f......【More】

2023-10-25

Oil industry leaders back GOP candidates Haley, DeSantis for 2024 presidential election

(Bloomberg) Oil industry leaders contributed top dollar to President Donald Trump in 2020. But now oil and gas titans are underwriting his GOP rivals instead. Florida Governor Ron DeSantis and former U.S. Ambassador to the United Nations Ni......【More】

2023-10-18

Halliburton, Core Laboratories partner on compressed digital rock characterization solutions

(WO) Halliburton Company and Core Laboratories Inc. announced a strategic collaboration in the U.S. to compress the delivery time of cutting-edge comprehensive digital rock data solutions from months to weeks, even while full petrophysical......【More】

2023-10-13

Suncor Energy boosts oil sands production with $1.5 billion TotalEnergies Canada acquisition

(WO) Suncor Energy has agreed to purchase TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) for $1.468 billion. The acquisition adds 61,000 bpd of net bitumen product......【More】

2023-10-10

World oil leaders criticize IEA’s politicization during climate debate

(Bloomberg) The opening day of the World Petroleum Congress, a major oil industry conference, saw consensus on at least one point: scorn for the International Energy Agency and its politicization amidst the climate debate. Saudi Arabias ene......【More】

2023-09-21

Iranian oil exports surge above 2 MMbpd despite sanctions

(Bloomberg) Irans oil exports are surging this month, swelling global flows at a time when other producers are cutting back, according to a firm that monitors satellite imagery of individual tankers. The boom is awkward for the U.S., which......【More】

2023-08-22

Texas devotes $4.3 billion to improve transportation infrastructure in Permian basin

(WO) The Permian Strategic Partnership (PSP) applauds the Texas Department of Transportations (TxDOT) approval of the Unified Transportation Program (UTP), which serves as TxDOTs infrastructure plan for the next decade. Notably, the 2024 UT......【More】

2023-08-17