Oil & gas news

The companies aim to expand the toolset for real-time quality control of stimulation performance with a focus on maximising value to E&P operators.

New geopolitical risk measure designed to gauge oil market sentiment and understand price beyond fundamental forecasts.

The rig acquisition is expected to create around 100 jobs in a variety of onshore and offshore roles.

MacGregor, part of Cargotec, has secured a contract with Otto Candies to deliver an active heave compensated FibreTrac offshore crane.

The Houston-based oilfield service company specialising in safe and efficient delivery of casing and tubing services, has signed an exclusive agency agreement with AlMansoori, a leading oilfield services provider based in Abu Dhabi, U.A.E.

Shell Brasil Petróleo Ltda has announced the start of production of the FPSO Guanabara in the Mero field, offshore Santos Basin in Brazil.

The independent provider of supply chain management and logistics solutions designed to drive efficiencies and reduce costs for the oil and natural gas industry, has reported financial results for the first quarter 2022.

Work is continuing to confirm potential recoverable resources, but Neptune’s preliminary estimate is 8-24 million boe.

Upwing Energy will introduce its new comprehensive integrated End2End (E2E) service boosting production and recoverability in conventional gas wells at the 2022 Offshore Technology Conference (OTC).

The company has signed the Production Sharing Contract (PSC) to formally acquire a 25% stake of the Atapu field.