Shelf Drilling All Done With Triangular Merger
Wedoany.com Report-Oct 15,UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has wrapped up a business combination structured as a triangular merger between its indirect subsidiary S...
CNOOC Sees Record Oil and Gas Output From Independent Field
Wedoany.com Report-Oct 15, China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,000m³ of...
Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round
Wedoany.com Report-Oct 15, Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take part. The OPEC m...
Baker Hughes and Repsol Enhancing Oil & Gas Production With Ai-Powered Solutions
Wedoany.com Report-Oct 15,The duo struck a new deal to collaboratively create and deploy next-generation digital capabilities through the Leucipa automated field production solution. This is expected ...
SKK Migas Seals PSC Deals for Amanah and Melati Blocks
Wedoany.com Report-Oct 15,The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed a Production Sharing Contract (PSC) for two working areas in Sumatra and Sulawesi under a Cost Recovery ...
US Crude Stocks Expected to Increase as Runs Continue to Ease
Wedoany.com Report-Oct 15, US crude oil stocks likely continued to climb the week ended Oct. 11, analysts surveyed by S&P Global Commodity Insights said Oct. 14, as runs continued to ease amid turnaro...
OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell
Wedoany.com Report-Oct 15, OPEC cut its estimate for Chinas crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the realit...
SLB Onesubsea to Deliver Full Subsea Equipment Scope for One of Brazil’s Largest Producing Assets
Wedoany.com Report-Oct 14, Following a competitive tender, OneSubsea has been appointed to deliver two subsea production manifolds, one electro-hydraulic distribution unit, subsea control systems, too...
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
Wedoany.com Report-Oct 14, Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM100 million. The crude oil cargo of about 300,0...
Vietnam Electricity and Oil and Gas Group Seal PPAs for Nhon Trach Plants
Wedoany.com Report-Oct 14,Vietnam Electricity (EVN), Vietnam Oil and Gas Group, along with their member units have signed several deals, which includes power purchase agreements (PPA) for Nhon Trach 3...