News
December 22, 2024
ProPetro Holding Corp. has entered into a term contract to provide electric hydraulic fracturing services to a large independent Permian-focused oil and gas operator.
News
December 22, 2024
LandBridge has closed its previously announced acquisition of approximately 46,000 largely contiguous surface acres, known as the Wolf Bone Ranch, in the Delaware Basin from a subsidiary of VTX Energy Partners.
News
December 20, 2024
(Bloomberg) – BP Plc and the Iraqi government took another step toward reviving one of its most prolific oil and gas resources, the Kirkuk field. The agreement on technical terms to redevelop the field is an important step toward a fully termed contract.
News
December 18, 2024
(Bloomberg) – Nigeria approved a $1.3 billion deal that would see a group of local companies buy Shell Plc’s onshore assets in Africa’s biggest crude producer.
News
December 17, 2024
Petro-Victory Energy Corp. has announced the signature of an exclusivity agreement with Brava Energia S.A. for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin.
News
December 16, 2024
Vitesse Energy has announced a definitive agreement to acquire Lucero Energy in an all-stock transaction valued at $222 million. The addition of Lucero’s operations will enable Vitesse to expand its assets across the Bakken shale region.
News
December 16, 2024
ExxonMobil has named Tenaris its 2024 Supplier of the Year, recognizing the company’s performance, competitiveness and high standards as consistent with ExxonMobil’s values and expectations.
News
December 16, 2024
Diamondback Energy, Halliburton Energy Services and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian basin.
News
December 16, 2024
Venture Global announced it has reached first liquified natural gas (LNG) production at the company's second facility, Plaquemines LNG, in Port Sulphur, Louisiana. The milestone was achieved just 30 months from its Final Investment Decision (FID).
News
December 16, 2024
Northern Oil and Gas announced that it has entered a Joint Development Program with one of Appalachia’s most capital efficient operators. The program covers drilling activities in calendar year 2025.
News
December 13, 2024
(Bloomberg) -- Seplat Energy Plc will revive hundreds of idle Nigerian oil wells after completing its purchase of Exxon Mobil Corp.’s onshore oil and gas assets in the West African nation.
News
December 12, 2024
Sinopec, China’s Petroleum & Chemical Corporation, has successfully obtained ISO's approval for the Technical Specifications for Multi-element Thermal Composite Flooding of Heavy Oil proposed by academician Sun Huanquan's team.
News
December 10, 2024
e2Companies has announced a strategic collaboration with Nabors that will expand business opportunities for integrated power solutions in the oilfield and broader energy markets.
News
December 10, 2024
SPM™ Oil & Gas announced that their SPM™ WS 335 Frac Pump has achieved more than 13,000 pumping hours in the Permian before its first overhaul, demonstrating an ability to last four times longer than traditional pressure pumping equipment.
News
December 09, 2024
(Bloomberg) – A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three crude producer in South America.
News
December 09, 2024
SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations.
News
December 05, 2024
(Bloomberg) – Chevron Corp. plans to slow production growth in the biggest U.S. oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up American oil output.
Video

Mitigating Production Downtime: Inside Forum Energy Technologies' Innovative Solutions

November 29, 2024
News
December 05, 2024
Crescent Energy Company has announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration
News
December 05, 2024
CNX Resources Corporation has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II in the Appalachian Basin for total cash consideration of approximately $505 million.
News
December 04, 2024
Kent has secured a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). The framework covers the full scope of EPCm services, supporting bp’s asset lifecycle, from small and large projects to minor modifications.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.