Oil & gas news

SLB and ChampionX Corporation has announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors.

Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.

APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.

Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.

Well-Safe Solutions has appointed its first-ever Chief Financial Officer as it continues to deliver its strategic growth plans throughout Asia-Pacific and Europe.

PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.

Fincantieri and Saipem have signed a memorandum of understanding to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles and their integration with surface and underwater units.