Analyst Comment
Oil and gas contract value decrease in Q3 2024
Global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value, dropping from $55.3bn in the second quarter (Q2) of 2024 to $35.7bn in Q3 2024.
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Industry News
Norway’s total oil investments reach $22.9bn in 2024
Norway experienced record levels on investment in its oil and gas (O&G) sector in 2024, and could see even more in 2025.
Deal News
Ovintiv expands Montney assets with $2.3bn acquisition from Paramount Resources
Ovintiv has signed a definitive purchase agreement to acquire Montney assets from Paramount Resources in an all-cash transaction valued at approximately $2.37bn.
Company News
Equinor discovers oil and gas near Fram field in North Sea
Equinor has announced the discovery of oil and gas near the Fram field in the North Sea, estimated at 13 to 28 million barrels of oil equivalent (mmboe).
Company News
ADNOC Gas signs decade-long LNG supply agreement with GAIL
ADNOC Gas has entered into a ten-year sales and purchase agreement (SPA) with GAIL India for the supply of up to 0.52 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from 2026.
Company News
TotalEnergies installs real-time methane monitoring equipment across upstream sites
TotalEnergies has announced the deployment of continuous, real-time methane emissions detection equipment across all its operated upstream assets.
Industry News
Explainer: who will be Donald Trump’s ‘energy czar’?
Donald Trump is set to pick an “energy czar” to oversee his energy agenda to deregulate and expand fossil fuel production.
Buyer's Guides
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Analyst Comment
The US to lead global ammonia capacity additions by 2030
The US is expected to be at the forefront of global ammonia capacity additions by 2030.
Company News
EnerMech secures FHA, SBT management services contract for UK North Sea assets
The contract is expected to enhance asset integrity, production uptime, and operational efficiency for the offshore installations.