The company has announced the appointment of John Spath as Executive Vice President and Head of Operations, effective immediately. Mr. Spath will have responsibility for the company's upstream business operations.
The latest win marks the eighth project collaboration between BrasFELS and MODEC, reflecting the long-standing partnership the two organisations have enjoyed for more than a decade.
The voluntary charter was launched by COP28 President, Dr Sultan Al Jaber, and signed by 50 global oil and gas companies, including some that have adopted net zero 2050 targets for the first time.
The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.
The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.
By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.
Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.
The company has announced an agreement to sell the company’s measurement solutions business to One Equity Partners for US$205 million in cash, subject to customary adjustments at the closing of the transaction.
A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13% from the previous year.
Sanoat Energetika Guruhi has commenced geological explorations at the Baysun deposit in the Surkhandarya region of Uzbekistan.
The company has completed the sale of the entirety of the shares of TotalEnergies EP Canada Ltd. to Suncor, comprising its participation in the Fort Hills oil sands asset and associated midstream commitments.
Dana Petroleum and NEO Energy have announced the signing of a sale and purchase agreement under which NEO Energy will acquire Dana’s full equity in the Western Isles FPSO.
This development supports Aramco’s strategy to increase gas production by more than half, over 2021 levels, through 2030, subject to domestic demand.
The company has announced that it has won orders for premium oil country tubular goods (OCTG) from Aramco.
The company’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector, Region, Planned and Awarded Contracts and Top Contractors, Q3 2023,’ reveals that the overall contract value decreased from US$57.4 billion in Q2 2023 to US$42.6 billion in Q3 2023.