Oil & gas news

The company has been participating in the underlying technology development related to the development of shallow methane hydrate harvesting technology conducted by the National Institute of Advanced Industrial Science and Technology.

The company was awarded US$50 000 at the Daniel Energy Partners BBQ Cook-Off in September after being named Grand Champion of the event. The prize money was to be contributed to a charity of the winner’s choice.

The latest analysis from McKinsey and Company (McKinsey) reveals that a fresh wave of M&A is expected in the North American upstream market, fuelled by high operating free cash flows.

The company has launched the Field Service Group (FSG), following contract wins worth in excess of €30 million after supplying more than 70 jumpers under its Jumper on Demand model.

CEO Mario Mehren described 2022 as an extremely challenging year which brought significant change for the company.

Carbon AXIOM now includes a detailed analysis of saline aquifer potential offshore Galveston, Texas.

The company has acquired a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for US$1.4 billion.

The new state-of-the-art facility consolidates office space with warehouse in one location.

Forum Energy Technologies (FET) has secured a significant order from DOF Subsea to deliver four of its advanced work-class remotely operated vehicles (ROVs).

The company has completed a contract awarded by Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea.