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Oil & Gas Trade
COSL Wins $123 Million Mexico Oilfield Services Deal
China Oilfield Service Ltd (COSL) has secured a contract to deliver comprehensive onshore oilfield services to an undisclosed major oil company in Mexico.Althou…
Oil & Gas Trade
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest produ…
Geothermal Power Plant
Geothermal Trial Operations Starts at Jilin Oilfield in China
operations at the Jilin Oilfield in China (source: Yunnan.cn)Trial operations have started for the Fang 52 project located in the Jilin Oilfield in Songyuan dis…
Carbon Storage
SK Capital Buys US Environmental Services Firm Pivoting to Carbon Storage
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo …
Oil&Gas Drilling
CNOOC Limited Announces Lufeng 12-3 Oilfield Development Project Commences Production
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Lufeng 12-3 Oilfield Development Project has …
Microgrid
Baker Hughes, Avports Sign MoU on Developing Hydrogen Microgrids for Airports
A company historically rooted underground in finding heavy emitting fossil fuels is aiming higher and lighter at carbon-free microgrids of the future.Oilfield s…
Oil Exploration
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of Gastrad…
LNG
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of GastradeOn 8…
Oil Price
Oil Prices Rise in Early Trade as US Inflation Cools
A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Carina Johansen/NTB Scanpix/via REUTERS/File PhotoOil prices rose in early Asian trade …
Oil&Gas Drilling
Dorset: Oilfield Expansion Expected at Waddock Cross Near Affpuddle
A SMALL oil site at Waddock Cross, near Affpuddle, could continue in operation for another decade, with a possible future expansion.World oil prices has meant t…
Oil & Gas Trade
Iraq, Russia Commit to OPEC+ Oil Production Cuts
A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan …
Offshore Wind Power
China’s First Deep-Sea Floating Wind Power Platform Put Into Operation
China’s first deep-sea floating wind power platform was put into operation to generate green energy for the operation and production of offshore oilfields…
Oil Field
Saipem Authorized by Exxonmobil to Proceed With Oilfield Project Offshore Guyana
(WO)– Saipem has received authorization to proceed with the final phase of the Uaru oilfield development project in Guyana from ExxonMobil Guyana and its …
Oil Exploration
Fresh Batch of Offshore Contracts Brings Saipem $650 Million
Italian oilfield services provider Saipem has been awarded three new offshore engineering, procurement, construction and installation (EPCI) contracts and two f…
Oil Field
Production of Daqing Oilfield Tops 2.5B Tonnes
Daqing Oilfield, China's largest onshore oilfield, has produced over 2.5 billion tonnes of crude oil as of Sunday, said the oilfield, a subsidiary of the Ch…
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