Flow remediation specialist, Pipetech, has announced the launch of its revolutionary Downhole Scale Remediation (DSR) technology, set to redefine wellbore cleaning solutions for the global energy sector. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this innovation promises to redefine wellbore cleaning solutions while advancing sustainable practices. The DSR directly addresses long-standing […]
OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April. Trump said on Thursday that he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries to bring down […]
Chevron announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing plant in operation at the Tengiz oil field, which expands sour gas injection capability and is expected to ramp up […]
As recent reports from DNV and Clarkson both indicated, 2024 was a record setting year for the adoption of LNG as a marine fuel. Now industry coalition SEA-LNG has published its annual “View from the Bridge” report. It not only confirms the record-breaking growth in orders but gives some insights into what’s behind the continuing trend. Analyzing […]
Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities. Wael Sawan, Chief Executive Officer, said: “I am grateful to Huibert for his outstanding contributions to Shell, driving our […]
Li Zhenyu, President of China National Chemical Engineering International Corporation Ltd and Mr. Sheikh Mohamed Bayorh, President, Alpha Grip Management Company (AGMC) have performed formal partnership signing ceremony for the development, finance and construction of the Ogidigben Gas Revolution Industrial Park (GRIP) Project in Delta State, Nigeria between AGMC and CNCEC. The Director General of […]
KBR has been awarded a contract to support sustainable production of energy resources in Saudi Arabia by contributing to the delivery of Saudi Aramco’s Master Expansion Program and increasing gas handling capacity at key regional locations. Under the contract, running through to 2028, KBR will support work to increase and maintain maximum sustainable capacity across […]
CNOOC Limited has announced its business strategy and development plan for the year 2025 which includes rolling exploration plan in the Nigeria oil and gas industry. Rolling Exploration is a technique for searching for oil and gas in deep-water areas. It involves a technical system that includes target search, evaluation, and drilling The company’s maintain stable capital […]
KCA Deutag International, establishing a global leader in onshore drilling has now becomes Helmerich & Payne Company. KCA Deutag was acquired by H&P, Inc. on 16th January 2025. This following the completion of acquisition processes by the two ownership boards. With the acquisition of KCA Deutag, H&P expects to deliver near- and long-term growth and […]
Independent Petroleum Association of America (IPAA) Offshore Committee Chairman Ron Neal, the President of Houston Energy L.P. and CEO of HEQ Deepwater, issued the following statement in response to the announcement of the Biden Administration’s plan to remove millions of acres of U.S. oceans from potential oil and gas drilling, barring the sale of new […]
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