CB&I completes acquisition of Petrofac Asset Solutions business
CB&I has completed its acquisition of Petrofac’s Asset Solutions business, adding operations, maintenance, wells and decommissioning services to expand its […]
B27 Intelligence
Energy intelligence and title insights from B27 Intelligence.
MaverickX expands PetroX production with new Eagle Ford facility in Texas
MaverickX has opened a new production facility in Pleasanton, Texas, scaling output of its PetroX chemical solutions used for enhanced
Egypt agrees to buy full output from Cyprus’ Aphrodite gas field
Egypt has agreed to purchase the full output of Cyprus’ Aphrodite gas field under a long-term deal, securing future supply
ONE-Dyas brings second well onstream at N05-A platform in North Sea
ONE-Dyas started gas production from the second production well on the N05-A platform in the North Sea, increasing the platform’s
Chevron strikes oil at Bandit prospect in US Gulf
Chevron confirmed an oil discovery at the Bandit prospect in the US Gulf of Mexico, located in Green Canyon Block
SLB OneSubsea wins HPHT subsea boosting contract for Shenandoah field
SLB OneSubsea was awarded a contract by Beacon Offshore to deliver a high-pressure, high-temperature (HPHT) multiphase boosting system for the
Occidental discovers oil at Bandit prospect in U.S. Gulf
Occidental has reported an oil discovery at the Bandit prospect in Green Canyon Block 680 in the U.S. Gulf, encountering
SLB OneSubsea wins HPHT boosting contract for Shenandoah field in U.S. Gulf
SLB OneSubsea has secured a contract from Beacon Offshore Energy to deliver an HPHT multiphase boosting system for the Shenandoah
Chevron Sees Lower Output Due to Iran War
Chevron said its production fell as much as 6 percent in the first quarter due in part to the Iran
Reliance Caps Sales at $11 Per Pump as Shortages Deepen
India’s largest private-sector refiner is restricting individual purchases to INR 1,000 per visit at fuel stations it operates with partner
US Troops to Stay in Gulf before Talks on Fragile Truce
The U.S. president vowed to keep troops in the Persian Gulf ahead of talks with Iran that are planned to
Family offices piled into oil after capital dried up. The recent rally has made for big gains
After ESG pressures forced private equity investors out of oil and gas, investment firms of ultra-wealthy families stepped up.
Santos Announces Positive Results for Quokka Appraisal Campaign
‘Located strategically to the east of our Pikka phase 1 development, Quokka represents another high-return opportunity that strengthens our position
Petronas, SLB Ink Suriname Partnership
‘Under this framework, Subsea Integration Alliance may provide full engineering, procurement, construction, installation and commissioning solutions for multiple discoveries in
Perenco Seals Acquisition of Saturn Banks Fields from CalEnergy
Perenco acquired a 50 percent operating stake in the already developed Blythe and Elgood fields.
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis
‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon
Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn
Norway Pushes for Reentry into Gro Gas Discovery
‘There is a considerable value creation potential here but time is running out’, Norway’s upstream regulator said about the discovery
China Oil Tankers Join Line Testing Hormuz and Iran Truce
Continued attacks – including Israeli strikes in Lebanon – have raised questions about the effectiveness of a ceasefire.
From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
An unusually powerful El Niño weather event could take shape later this year, exacerbating global food security fears.