Oil and Gas
Black Gold Exploration begins drilling in the Illinois Basin
Companies are looking to capitalize on the potential of the Illinois Basin, adding value to the oil industry.
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Oil and Gas
Esso and partners to invest in Gippsland Basin to strengthen Australian gas supply
This investment adds to recent projects such as the Kipper Compression and West Barracouta projects, which are important in optimizing the gas infrastructure in…
Oil and Gas
OneSubsea and Innovex consolidate alliance to optimize subsea wellhead technology
The agreement also marks a strategic step towards a more integrated and sustainable energy infrastructure.
Oil and Gas
CNOOC advances heavy crude production at Bohai
Luda 5-2 North Phase II optimizes offshore production with advanced thermal recovery technology.
Oil and Gas
Tokyo Gas sells its stake in the Eagle Ford shale gas field
The company decided to sell its stake in the field after eight years of operation.
Oil and Gas
Aramco signs 25% stake acquisition agreement with Unioil Petroleum Philippines
This acquisition follows Aramco’s previous retail acquisitions in Chile and Pakistan to expand its services portfolio.
Oil and Gas
FPSO Almirante Tamandaré begins operations in the Búzios field
Petrobras activates the Almirante Tamandaré FPSO in Búzios, taking oil production to new levels with 225,000 barrels/day.
Oil and Gas
CNPC successfully drills Asia’s deepest well
The 10,910-meter Shenditake 1 well in Xinjiang marks a key breakthrough in CNPC's deep oil and gas exploration.
Oil and Gas
Wood extends engineering contract with Shell UK for $120 million
Wood Group extends its EPC contract with Shell UK for $120 million, ensuring support for the company's UK assets.
Oil and Gas
China launches first carbon-capturing FPSO vessel to cut emissions in crude oil production
In addition to capturing the CO2 it emits, it uses the heat from the exhaust gases to generate electricity.
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