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 has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.
Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at US$4.9 billion.
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.
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.
Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at US$53 billion.
New episode of the Palladian Energy Podcast: Enabling sustainability with automation, with Rockwell Automation.
The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Wood Mackenzie.
Well-Safe Solutions are adding carbon capture, usage and storage (CCUS) and geothermal project capabilities to their offering with the appointment of Alexa Duncan as the company’s first Energy Transition Manager.
Expro is this year celebrating its golden anniversary of support to the North Sea energy industry and its highly successful 50 year connection with Great Yarmouth.
The merger combines Pioneer’s more than 850 000 net acres in the Midland Basin with ExxonMobil’s 570 000 net acres in the Delaware and Midland Basins. Together, the companies will have an estimated 16 billion boe resource in the Permian.
Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately US$50 million of acquisition and related development capital expenditures, primarily in the 3Q/4Q23.
The WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy to 2045.
The Akatara development project is now 70% complete, delivering on the end-September 2023 progress target of 65%. Long-lead time items continue to arrive at site on schedule and the project remains on track for commissioning in 1Q24 and first gas before mid 2024.
New episode of the Palladian Energy Podcast: Championing ESG in the energy sector, with DNV.