Equinor sells Nigerian business to Chappal Energies
Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.
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Ashtead Technology acquires ACE Winches
International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.
Hughes Subsea provides air diving support services to Anasuria
Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.
Wood Mackenzie: President Elect Javier Milei to shake up Argentina’s oil industry
Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.
ABL expands footprint to Batam
Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.
Vink Chemicals initiates construction of a new chemical plant in Germany
Around 45 new full-time jobs, in various disciplines, will be created at the site.
XCMG Machinery's electric workover rig has completed the cleaning of 10 oil pipelines in Northern China
XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.
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Serica Energy announce execution of agreements for the acquisition of interest in GBA
Serica Energy has announced the execution of agreements for the acquisition of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (GBA) from Jersey Oil & Gas (JOG).
Rystad Energy’s Senior Vice President shares an oil market update
Oil markets are eagerly awaiting the OPEC+ meeting on 26 November, in anticipation of what kingpin Saudi Arabia decides over its voluntary crude oil production cuts of 1 million bpd.
Oil and gas lease sale 261 scheduled
As a result of the order issued by the United States court of appeals for the fifth circuit, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261.
PETRONAS and PETROVIETNAM sign memorandum of cooperation
PETRONAS has signed a Memorandum of Cooperation (MoC) with Vietnam oil and gas group (PETROVIETNAM) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
Dron & Dickson announce industry-first contract award
Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.
ExxonMobil completes acquisition of Denbury
Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at US$4.9 billion.
27 licences offered in first batch of 33rd oil and gas licensing round
North Sea production has received a significant boost with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.
35 North Sea firms back bid to improve workers’ mental health
The group behind a drive to improve mental health in the North Sea has praised the response to its call to arms after a further 29 organisations signed up to its mental health and well-being charter.