South America4 months agoVenezuela Oil Production Climbs to 1.1 Million BpdVenezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in February,…
Europe4 months agoNorth Sea jobs safeguarded as HMRC drops challenge to Petrofac rescue dealMore than 2,000 North Sea jobs have been safeguarded after HM Revenue & Customs agreed not to pursue further legal…
Australia4 months agoCyclone triggers outages at major Australian LNG plantsSome of the world’s largest LNG plants were forced shut on Friday by a cyclone off western Australia, squeezing fuel…
Europe4 months agoTotalEnergies’ Sale of Greater Laggan Area Assets Strengthens Serica’s UK PortfolioSerica Energy has completed the acquisition of a 40% operated interest in the Greater Laggan Area and associated infrastructure from…
Europe4 months agoGovernment gives £100m bailout to chemical giant Ensus to restart CO2 gas productionThe government has ended months of uncertainty by agreeing to a near £100m bailout for chemical giant Ensus – allowing…
Middle East4 months agoADES Expects Up to 44% Earnings Rise Despite Regional Tensions Impacting RigsSaudi Arabian oil and gas drilling contractor ADES International Holding has reported it expects 44% rise in its core earnings…
Middle East4 months agoSaudi Solutions secures $37 million contract with Aramco to enhance computing capabilitiesSaudi Solutions has secured a $37 million contract with Saudi Aramco to enhance computing capabilities, reflecting a broader trend in…
Europe4 months agoAker BP to deploy Armada Edge data center on Norwegian oil rigFollows recent ageement between Armada and Aker-backed Nscale Oil company Aker BP is to deploy a containerized Edge data center…
Africa4 months agoNigeria fast-tracks permits to revive idle oil wells, boost productionNigeria has slashed the time it takes to approve applications to revive idle oil wells from weeks to hours as…
North America4 months agoEquinor Begins Drilling At Raia, Its Largest International Project EverEquinor has begun drilling on its largest international project ever, the $9 billion Raia development off the coast of Rio…