News
December 02, 2024
PetroTal Corp. has successfully acquired 100% working interest in Peru Block 131, following its acquisition of CEPSA Peruana. The Los Angeles oil field at Block 131 was discovered by CEPSA Peru in 2013.
News
December 02, 2024
Fulkrum has announced the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major gas hub development project in the region.
Article
November 2024
Casing patch systems offer significant downtime reductions to operators in the face of unique well integrity problems, such as casing leaks or corrosion. 
Article
November 2024
InjectRT™, a novel intelligent chemical treatment optimization service from Baker Hughes, uses cutting-edge machine learning techniques to automatically calculate and adjust chemical injection rates in near real-time. This technology minimizes corrosion and scaling, extends the run life of ESPs, and increases production. 
News
November 27, 2024
Reconnaissance Energy Africa Ltd. announces that it has reached total depth (TD) of 4,184 meters (13,727 feet) on the Naingopo exploration well on Petroleum Exploration License 073 (PEL 73), onshore Namibia.
News
November 26, 2024
Exxon says U.S. oil producers won't significantly boost output under Trump, despite calls to "drill, baby, drill," citing economic priorities over political changes.
News
November 26, 2024
(Bloomberg) - OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said.
News
November 25, 2024
Falcon Oil & Gas Ltd. has announced the spudding of the Shenandoah S2-4H horizontal well (previously referred to as the SS3H well) in exploration permit 98 in the Beetaloo Sub-basin, Northern Territory, Australia.
News
November 29, 2024
McDermott has received the ISO 50001 certification for energy management at four of its major fabrication yards. These certified yards are integral to McDermott's engineering, procurement, construction, and installation (EPCI) services, enabling major offshore and onshore projects worldwide.
News
November 28, 2024
Enverus Intelligence® Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays.
News
November 21, 2024
Nostra Terra, the international oil & gas exploration and production company with development and production assets in Texas, U.S., has announced a successful fundraise supported by institutional investors, Directors and Management, existing shareholders and new investors.
News
November 21, 2024
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector.
News
November 19, 2024
SCS Technologies today announced the adoption of Microsoft RealWear Navigator Z1 for its Factory Acceptable Tests (FATs). SCS can now conduct FATs remotely, increasing productivity while saving time and costs associated with critical oil and gas system and component testing.
News
November 19, 2024
LandBridge today announced it has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware basin. The land is well-positioned at a strategic intersection of oil and natural gas exploration and transportation.
News
November 18, 2024
ChampionX has completed a multi-million-dollar transformative project to enhance its chemical manufacturing hub in the Permian basin. The project is a key initiative to meet industry demands while reducing inter-plant transportation, and associated carbon emissions, by approximately 56.7 tons of CO2 per year.
News
November 17, 2024
Baker Hughes and SOCAR have announced the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan.
News
November 15, 2024
(Bloomberg) – The head of Liberty Energy Inc., the world’s second-largest fracing services company, has gained prominent endorsements as a potential pick for Donald Trump’s energy secretary.
News
November 13, 2024
(Bloomberg) -- Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand Coterra’s reach on the fast-growing New Mexico side of the top U.S. shale basin. The sale is expected to close in Q1 2025.
News
November 11, 2024
Interoil Exploration and Production ASA has announced that its Colombian subsidiary, Interoil Colombia Exploration and Production (ICEP), has successfully completed a downhole intervention to the Vikingo well.
News
November 11, 2024
South Africa’s Minister of Mineral and Petroleum Resources Gwede Mantashe on Thursday reiterated that the country was committed to developing its oil and gas sector, despite external pressures to transition to a greener economy.
News
November 11, 2024
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) showcased six high-potential onshore licensing opportunities and extensive data packages at African Energy Week: Invest in African Energies.
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