Vallourec in exclusive negotiations to sell Serimax for €79 million
Vallourec in exclusive negotiations to sell Serimax, its subsidiary specialising in welding solutions, for €79 million.
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Vallourec in exclusive negotiations to sell Serimax, its subsidiary specialising in welding solutions, for €79 million.
Zenith reports the successful delivery of the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) offshore Poland.
The US Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026.
US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd. Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with 14% in 2023 and 21% in 2022.
Dover brings an estimated peak production of 20 000 boe/d.
Borr Drilling Ltd has announced new contract commitments for three of its premium jack-up rigs and additional fleet updates.
Rystad Energy predicts significant risks to US operators who could be forced to bring down their pace of production growth.
The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies.
Matador Resources Company has announced the sale of its remaining Eagle Ford shale position in South Texas.
Subsea7 has announced the award of a sizeable contract by Shell Offshore Inc. for the Sparta deepwater development in the US.
bp has announced that the company's board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.
Markets respond to US ‘Liberation Day’ and recent OPEC+ meeting.