Oil & gas news

Halliburton Company has introduced the GuideStar™, a service that uses high-resolution sampling to provide continuous, definitive survey measurements for more precise wellbore positioning.

DNO has announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.

The companies have signed a multi-year contract to deploy Akselos' digital twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin.

The company has announced a series of key contract wins across the Asia Pacific (APAC) region.

Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.

Touchstone Exploration has provided an update regarding natural gas and liquids production volumes from the recently commissioned Cascadura facility.

BP has announced that Bernard Looney has notified the Company that he has resigned as Chief Executive Officer with immediate effect.

OPEC has noted, on the International Energy Agency’s recent Op-Ed published, asserting that fossil fuel demand would peak before 2030, that consistent and data-based forecasts do not support this assertion.

Transocean has announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in the 3Q24 and represents approximately US$486 million in firm backlog.

Wood has secured contract wins with major UK operators for its digital maintenance optimisation solution, maintAI.