US upstream news
Equinor sells Bakken assets
Equinor is divesting its interests in the Bakken field to Grayson Mill Energy.
Sypris wins award for Anchor Field project
Sypris will provide specialty, high-pressure Tube Turns D-bolt closures that are rated up to 4885 psi for the Anchor Field development project in the Gulf of Mexico.
Hunting and Well Data Labs form strategic alliance
Hunting is providing convertible capital financing to support Well Data Labs' growth ambitions in the onshore technical well data analytics market.
Cudd Well Control and Worldwide Facilities, LLC sign alliance agreement
Worldwide Facilities, a national wholesale insurance broker, has made Cudd Well Control its preferred well control provider to the global oil and gas industry.
Halliburton to assist Kuwait Oil Company with digital transformation
Halliburton will maintain and expand digital solutions for Kuwait Oil Company's North Kuwait asset.
ExxonMobil reports annual loss for 2020
The company has reported a net annual loss of US$22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of US$14.34 billion in 2019.
Hunting introduces Perfecta rock charges
The Perfecta rock charge is designed to improve well stimulation and productivity, and prolong the lifespan of conventional wells.
ExxonMobil creates low carbon technology business
ExxonMobil Low Carbon Solutions will initially focus on carbon capture and storage, and is advancing plans for more than 20 new carbon capture and storage opportunities around the world.
C-Innovation signs one-year contract extension with BP for riserless light well intervention in Gulf of Mexico
C-Innovation will supply and complete all project management and engineering to provide a complete RLWI system utilising technology from Baker Hughes, Caltex Oil Tools and Halliburton.
Chevron reports 4Q20 loss
Chevron has announced an US$11 million 4Q20 loss.