• Oil
  • November 26, 2024
University of Oklahoma awarded $18.7M grant by DOE for subsurface carbon storage

A team of researchers from across the University of Oklahoma Mewbourne College of Earth and Energy, Los Alamos National Laboratory, with industry partners, have been awarded an $18.7M grant from…

  • Oil
  • November 25, 2024
ADNOC L&S takes delivery of first new-build LNG carrier from Jiangnan Shipyard ahead of schedule

ADNOC Logistics and Services announced it has taken delivery of ‘Al Shelila,’ the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China. The vessel has…

  • Oil
  • November 22, 2024
SBM Offshore completes $1.5 billion financing of Jaguar FPSO

SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international…

  • Oil
  • November 22, 2024
Occidental CEO warns U.S. at risk of shale plateau, losing energy independence

(Bloomberg) – Occidental Petroleum Corp. warned that U.S. energy independence is at risk of slipping away if shale output plateaus and begins to decline. “It’s going to start to…

  • Oil
  • November 22, 2024
Oil States debuts low-impact workover package at SPE ICoTA 30th well intervention conference

Oil States has introduced an industry-first Low Impact Workover Package (LIWP), announced this week at the SPE/ICoTA 30th European Well Intervention Conference in Aberdeen, Scotland. Oil States brings more…

  • Oil
  • November 22, 2024
ConocoPhillips completes $22.5 billion acquisition of Marathon Oil

ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable…

  • Oil
  • November 22, 2024
Forum of oil and gas operators reports early success in tackling subsea challenges

An influential forum of oil and gas operators with a vested interest in subsea operations is tackling the challenges of ageing offshore infrastructure through cross-industry collaboration. Early reports, since…

  • Oil
  • November 22, 2024
EMGS wins CSEM survey contract for offshore hydrocarbon detection in India

Subsea Exploration India November 22, 2024 Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India. …

  • Oil
  • November 21, 2024
DeepOcean wins landmark 8-year Equinor contract for subsea IMR work

Ocean services provider DeepOcean has been awarded its largest contract on record, a long-term subsea inspection, maintenance and repair (IMR) contract by Equinor. The eight-year contract will set a new…

  • Oil
  • November 21, 2024
Miros launches PredictifAI technology to predict wave and vessel motion

Miros has launched its new wave and vessel motion prediction technology — PredictifAI, which delivers a monitoring solution that automatically adapts to varying sea and weather conditions. PredictifAI pairs…