
Petrobras signs agreements with major Chinese companies
The company has signed four memorandums of understanding (MOUs) with China Energy, SINOPEC, CNOOC and Citic Construction, China's main oil and energy groups.
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The company has signed four memorandums of understanding (MOUs) with China Energy, SINOPEC, CNOOC and Citic Construction, China's main oil and energy groups.

The Bureau of Safety and Environmental Enforcement (BSEE) conducted a Government Initiated Unannounced Exercise (GIUE) on 29 – 30 August to assess DCOR, LLC’s ability to activate its incident management team and carry out procedures in its approved oil spill response plan.

Odfjell Technology, has strengthened its in-house well services offering with the addition of wellbore cleaning chemicals, enabling more efficient and sustainable operations.

Transocean Ltd has announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding notification of award for work offshore India.

This milestone comes less than two years after the discovery in September 2021 and less than a year and a half after the final investment decision.

The company has recently launched AcidBoost – a biosurfactant-based product line to address the prevalent challenges in wellbore remediation with acid stimulation fluid systems.

Sercel now has a complete portfolio of seabed nodal solutions for all water depths down to 6000 m to meet growing industry demand for ocean bottom node seismic surveys.

The Trion field development plan has been approved by the Mexican regulator, Comision Nacional de Hidrocarburos.

The company has announced that it has been awarded a platinum medal from the environment, social and governance (ESG) ratings organisation, EcoVadis.

TGS and JV consortium partners PGS and SLB have announced that pre-funding has been secured to expand the multi-client 3D coverage in the Sarawak Basin, offshore Malaysia.

The reinvestment rate of US shale oil producers has hit its highest level in three years in the 2Q23, but the recent trajectory will not last, according to Rystad Energy research.

TGS, has announced an extensive regional seismic imaging project that builds upon existing Indonesian seismic coverage. The Kutei 2D-cubed survey in the Kutei basin will extend north from the East Java Sea 2D-cubed project area.