Drilling & Production Drilling/Production Economy/Markets Eni CEO: OPEC+ Actions Increase Oil Price Volatility November 4, 2024 Claudio Descalzi, CEO of Italy’s Eni, stated that the OPEC+ group’s efforts to manage oil supply are heightening price volatility… Read More… Drilling/Production Economy/Markets Enersol Acquires Deep Well Services November 4, 2024 ADNOC Drilling Company and Alpha Dhabi Holding’s joint venture, Enersol, will acquire a 95% stake in Deep Well Services (DWS)… Read More… Drilling/Production Economy/Markets Government/Regulations Uncategorized Chevron and Exxon: Strong Earnings Amid Oil Price Declines November 3, 2024 Exxon Mobil Corp. and Chevron Corp. have surpassed analysts’ expectations in profit, output, and sales, thanks to increased oil production… Read More… Drilling/Production Refining/Processing Halliburton Introduces SandTrap® XL for Enhanced Oil Recovery and Sand Control November 3, 2024 Halliburton has launched SandTrap® XL, a new solution aimed at tackling excessive sand production in the oil industry. This innovation… Read More… Drilling/Production Government/Regulations UK Offshore Oil and Gas Industry Says Standoff With Government Is Over November 2, 2024 The UK offshore oil and gas industry has announced the resolution of a recent standoff with the government over tax… Read More… Drilling/Production Most Popular Enovate AI, SGS Partner to Optimize Drilling with AI-Driven Bottom Hole Assembly November 2, 2024 Enovate AI has formed a strategic partnership with SGS to transform drilling efficiency in the oil and gas industry through… Read More… Drilling/Production Government/Regulations Exxon to sell Vaca Muerta shale assets to Pluspetrol S.A. November 1, 2024 Exxon Mobil Corp. has agreed to sell most of its assets in Argentina’s Vaca Muerta shale region to Pluspetrol S.A.,… Read More… Drilling/Production Exploration Panoro Signs Production Sharing Contracts for Offshore Gabon October 31, 2024 Panoro Energy ASA has announced that, following the provisional award of a 25 percent participating interest in the exploration blocks… Read More… Drilling/Production Economy/Markets Today’s Market IMF Lowers Growth Outlook for Middle East Due to Oil Production Cuts and Conflicts October 31, 2024 The International Monetary Fund (IMF) has revised its economic growth forecast for the Middle East and North Africa (MENA) to… Read More… Drilling/Production Exploration TotalEnergies announces first oil from Mero-3 development, offshore Brazil October 31, 2024 TotalEnergies has commenced oil production from the third development phase of the Mero field, located 180 kilometers off Rio de… Read More… Load More
