Oil & gas news

Xodus has been awarded the conceptual engineering design contract for PETRONAS’ first complete carbon, capture and storage project, offshore Malaysia.

Caley Ocean Systems and IMES International have merged with Pryme Group to create a business with broad capabilities supplying products, services and solutions to the energy, defence and other industrial markets.

Upwing Energy will present a paper on high-speed magnetic technology solutions for downhole machinery at the 2021 Offshore Technology Conference.

Colombia needs to pursue a much more aggressive oil exploration strategy in order to avoid highly contested fracking activities or an increase in gas prices as a result of importing, according to GlobalData.

ASCO will be the sole provider of quayside management for all offshore activity via the Port of Dakar, for an initial term of three years.

A boosting system supplied by OneSubsea has enhanced production at the Equinor-operated Vigdis oilfield in the North Sea.

DNO ASA has completed the acquisition of ExxonMobil's remaining stake in the Baeshiqa licence.

The company has also advanced the Trion project in Mexico into the FEED phase.

The company has said it will invest in appropriate accredited voluntary offsets to achieve scope 1 and 2 net zero emissions.

The electric fracturing solution reduced emissions for Chesapeake in the Marcellus by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.