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In 2022, annual production of associated-dissolved natural gas (or associated natural gas) increased 9% in the major US onshore crude oil-producing regions, mostly due to an 8% increase in crude oil production.
SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity.
McDermott has been awarded a transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.
M&P have announced the signing of a set of agreements with PdVSA for the immediate restart of the activity of M&P’s mixed company in Venezuela
The company has signed an agreement with Spirit Energy to add a well from the Appleton field to the existing scope of the Well-Safe Defender semi-submersible rig.
Locus Bio-Energy’s AssurEOR STIM® biosurfactant technology has been certified to reduce the carbon intensity and boost production of crude oil and natural gas operations.
Kenera has secured a contract to deliver five top drives and five iron roughnecks to Arabian Drilling for new build rigs to operate on a major project in Saudi Arabia.
PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.
Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.
Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.
Halliburton Company and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
On 01 November 2023, Pauline Innes, Director of Supply Chain and Decommissioning at the NSTA, wrote to licensees reminding them of their obligation to decommission wells in a timely manner.