The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage the combined asset base and technical expertise to drive improved profitability and superior returns to shareholders.
Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.
Prospera Energy (PEI) has announced it has acquired White Tundra Petroleum (WTP), with the aim of expanding its asset portfolio of low-decline base production with significant production upside.
Hunting PLC, the precision engineering group, has announced the acquisition of the Organic Oil Recovery (OOR) technology from its founding shareholders, for a consideration of US$17.5 million.
Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Manora field in Licence G1/48 (70% operated working interest), offshore Gulf of Thailand.
Fluor has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oilfield in Kazakhstan.
The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
Expro, a provider of energy services has been awarded major contracts from OMV Petrom, totalling more than US$10 million for the Neptun Deep gas project in the Black Sea.
EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore.
bp has reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields.
Announcement of discussions between the Italian major and the Malaysian national oil company.
Expro wins contract supplying tubular running services for landmark carbon capture and storage project
Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX automation and remote operations, Sekal’s Drilltronics, and the rig automation control system.
DrillDocs delivers enhanced wellbore stability management using AI-enabled computer vision.
SLB has announced that, in connection with SLB’s planned acquisition of ChampionX, all applicable waiting periods under the US Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the US.