Oil & gas news

Pantheon Resources plc, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure.

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

The project is slated to begin in 4Q24, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets.

Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream W.L.L. to further enhance its production in Bahrain.

Patrick Hayes, Tracerco, USA, presents two case studies demonstrating how tracer technologies are enabling optimised investments and de-risked development through the provision of accurate and actionable data for informed decision making.

Caterpillar Oil & Gas has announced the launch of its Closed Crank Ventilation (CCV) System, a field-proven technology designed to eliminate the venting of crankcase gases, commonly referred to as blow-by emissions, from internal combustion engines.

Shearwater has been awarded a large 3D seismic survey by PETRONAS in Suriname.

The agreement has been signed to acquire 95% equity stake in Deep Well Services for US$223 million, in support of Enersol’s growth plans.

CORTEC’s advanced automation systems offer safety and efficiency. Pressure control equipment is the backbone of the Oil and Gas Industry.

Touchstone Exploration Inc. has announced initial production from the Cascadura C well pad.