Murphy Oil Corporation announces strategic acquisition of FPSO vessel in Gulf of Mexico
Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.
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Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.
Hunting PLC, the precision engineering group, has announced the acquisition of the Organic Oil Recovery (OOR) technology from its founding shareholders, for a consideration of US$17.5 million.
Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sør exploration well in the Halten area, situated in the southern part of the Norwegian Sea.
The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
Caterpillar Oil & Gas has announced the development of the Caterpillar® Gas Mechanical System (GMS), a fully integrated power solution for frac operations, utilising 100% natural gas.
ConocoPhillips has announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields to subsidiaries of Shell plc, for US$735 million subject to customary closing adjustments.
Earlier this month, BGX acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210 acre area of mutual interest from the operator, Adler Energy, LLC.
Arun Karupaiah, Celeros Flow Technology, outlines how OEM equipment manufacturers and specialist engineering companies are providing practical technological solutions and additional support to help mitigate fugitive emissions.
The report reveals the challenges facing the oil and gas sector amid an ageing workforce.
The US Energy Information Administration has predicted that worldwide production of petroleum will grow more in non-OPEC+ countries in 2025 and 2026.
CNOOC Ltd has announced that the Buzios7 Project has commenced production safely.
Caterpillar Oil & Gas has announced the launch of the Cat® Dynamic Gas Blending™ (DGB) Gen 2 Kit.