Xodus appointed to one of Japan’s first large-scale CCS projects
Xodus secures contract to support one of Japan’s first large-scale CCS projects.
Drilling & production
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Valaris announces fleet rationalisation and issues fleet status report
Valaris Ltd has announced several fleet rationalisation actions and issued a Fleet Status Report.
Strohm and UNITECH Offshore to deliver enhanced pipeline solutions
Strohm and UNITECH Offshore combine expertise to deliver enhanced pipeline solutions.
bp announces start of production from Raven Second Development Phase, offshore Egypt
The new wells are expected to produce approximately 7 million barrels of condensate.
Validus Energy to acquire 89 Energy III for US$850 million
Privately owned US oil and gas producer Validus Energy is set to acquire rival 89 Energy III for approximately US$850 million, including debt.
CNOOC announces production from Buzios7 project
CNOOC Ltd has announced that the Buzios7 Project has commenced production safely.
BP plans new wells for Shah Deniz
BP plans new wells for Shah Deniz to sustain gas production.
Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project
The agreement unites two deepwater blocks, with Woodside confirming 3.5 trillion ft3 of natural gas reserves.
Seatrium and bp sign MOU for second deepwater FPU project
Seatrium and bp sign Memorandum of Understanding for second deepwater Floating Production Unit project.
CNOOC Ltd announces production from Bozhong 26-6 oilfield development project
CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.
Crescent Energy closes accretive central Eagle Ford bolt-on
Crescent Energy Company has announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of US$905 million, consisting of US$830 million in cash and 5 454 546 shares of Class A common stock.
Halliburton announces offshore drilling contract with Petrobras
The contract scope includes drilling services for development and exploration wells over a three-year period.
Methane detection company Bridger Photonics announces record growth and new CEO
Bridger Photonics, provider of aerial methane detection, has announced that the company continued to experience massive growth and market adoption for its advanced methane detection solutions in 2024 and is implementing a major leadership transition to support its continued scaling.
Diversified Energy announces acquisition of Maverick Natural Resources
Diversified Energy has announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG, for total consideration of approximately US$1275 million.
Salunda announces oil and gas monitoring solutions installed on four drilling ships in Guyana
Salunda has announced it has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s digital technologies to deliver automated location and control of critical equipment and personnel.