Industry News
GITEX GLOBAL 2024: Huawei reveals the importance of reliable oil and gas communications
Huawei’s GITEX GLOBAL 2024 appearance featured an explanation of its oil and gas technology and business model.
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Industry News
Petrobras planning investment boost to $110bn, say sources
Petrobras planning to invest billions of dollars into its exploration and production operations, according to sources within the company.
Industry News
UK Government confirms rise in oil and gas industry headline tax rate
UK Chancellor confirms anticipated rise in oil and gas industry headline tax rate.
Company News
BP reports 31% decline in Q3 2024 net income to $2.26bn
BP has reported an underlying replacement cost (RC) profit, proxy for net profit, of $2.26bn in the third quarter of 2024.
Company News
Chevron assumes operatorship of exploration block offshore Uruguay
Chevron has officially assumed its position as the operator of the AREA OFF-1 block offshore Uruguay with Challenger Energy.
Company News
Wood secures engineering contract from Saudi Aramco
Wood has secured an engineering services contract for the Southern and Northern Areas gas increments project.
Industry News
Russia and Ukraine could agree to stop hitting each other’s power plants
Russia and Ukraine are now reportedly in early talks regarding ceasing attacks on each other’s energy and power facilities.
Contract News
SLB OneSubsea wins contract for bp’s Kaskida project in Gulf of Mexico
SLB OneSubsea has been awarded a contract by bp for a subsea boosting system for the Kaskida project in the deepwater US Gulf of Mexico.
Company News
Andium raises $21.7m for IIoT technology to cut greenhouse gas emissions
Andium, a leader in Industrial Internet of Things (IIoT) technologies, has announced the closure of its $21.7m Series B funding round.
Deal News
Equinor expands natural gas portfolio with $1.25bn acquisition in US
Equinor has announced a expansion of its natural gas portfolio in the US by acquiring interests in the Northern Marcellus formation.