Oil & gas news

Deltic Energy has announced that it has accepted one of the two licences that were provisionally awarded by the North Sea Transition Authority in Tranche 3 of the UK's 33rd Offshore Licensing Round.

The new software will build on the earlier efforts of both partners with Intersect, a latest-generation reservoir simulator.

Abu Dhabi National Oil Company has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a US$3 billion (AED11 billion) green financing facility.

Intelligent Wellhead Systems, along with ProFrac, has announced the first successful field tests utilising MQTT (message queuing telemetry transport) protocol for the safe and efficient transfer and visualisation of wellsite data during hydraulic fracturing operations.

The company has announced the appointment of Khaled Wareth as Paradigm Drilling Services Country Manager for Saudi Arabia, in response to the heightened demand for the company’s drilling tools within the Middle East region.

SLB has announced the award of a contract by TotalEnergies to its OneSubsea™ joint venture for a 13-well Subsea Production System scope, including associated equipment and services, in the development of the Kaminho project, offshore Angola.

The new AI-powered solutions were introduced to the industry at a meeting of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) with the SKK Migas – KKKS Contractors, held on 12 – 14 June 2024, in Nusa Dua, Bali.

Kosmos Energy has announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.

This move is in response to President Xi Jinping's directive to bolster the country's energy security by developing ‘new productive forces’.

The company has announced the final stage of the Saipem Onshore Drilling acquisition completed at the end of June following the transfer of the six remaining rigs in Argentina, Kazakhstan and Romania.