Company News
ADNOC awards $920m EPC contract to Jereh for AI well digitalisation expansion
ADNOC Onshore awarded a $920m EPC contract to Jereh Oil & Gas Engineering for AI-powered well digitalisation programme.
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Company News
Saudi Aramco reports 15.4% income decline in Q3 2024
Saudi Aramco reported a net income of $27.56bn for the third quarter (Q3) of 2024, decreased by 15.4% from $32.58bn in Q3 2023.
Company News
Touchstone Exploration executes licence for Rio Claro block in Trinidad
Touchstone Exploration, through its subsidiary Primera Oil and Gas Limited (POGL), has executed an exploration and production licence for the Rio Claro block in Trinidad and Tobago.
Company News
Petronas, ESA and AWS partner to enhance exploration data analytics using AI
PETRONAS, through its division Malaysia Petroleum Management (MPM), has announced a strategic partnership with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to advance the use of AI and machine learning technologies in Malaysia’s oil and gas sector.
Industry News
Donald Trump on the cusp of victory in 2024 US Election
Donald Trump has declared victory in the 2024 Election, claiming the electorate had given America “an unprecedented and powerful mandate.”
Contract News
Shearwater Geoservices awarded 3D seismic survey project in Suriname by Petronas
Shearwater Geoservices, a specialist in offshore data collection, has been commissioned by PETRONAS to conduct a substantial 3D seismic survey in Suriname.
Company News
GLJ, Energy Fuse to lead carbon sequestration and EOR projects in US
GLJ and Energy Fuse have announced a new joint venture to spearhead US carbon sequestration and enhanced oil recovery (EOR) projects.
Industry News
US Election Survey: what lies in store for the US energy sector?
GlobalData can reveal the results of a survey of Offshore Technology, Energy Monitor and Power Technology readers on the news US government.
Company News
Gran Tierra Energy makes new oil discovery in Ecuador
Gran Tierra Energy, a Canadian oil and gas company, has announced a new oil discovery at the Charapa-B7 well in Ecuador.
Company News
Eni closes $1bn sale of Alaska upstream assets
Eni has completed the sale of its Nikaitchuq and Oooguruk oil assets in Alaska, the US, to Hilcorp in a deal valued at $1bn (€920m).