Category: Industry News

Kazakhstan has taken the lead in a substantial increase in oil production among the Organization of the Petroleum Exporting Countries (OPEC)+ group in February.

Murphy Oil’s subsidiary has entered a purchase and sale agreement to acquire the BW FPSO for $125m.

Nigeria’s state oil company NNPC has initiated talks with Dangote Oil Refinery to extend their existing contract for naira-based crude oil supply.

Nabors Industries has acquired Parker Wellbore, an advanced subsurface wellbore construction solution.

Quorum Software has acquired zdSCADA, a cloud-based supervisory control and data acquisition (SCADA) technology.

The US Energy Information Administration (EIA) anticipates that the country’s crude oil and natural gas production will reach record levels in this year.

ARC Resources has entered a long-term sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP), for the supply of liquefied natural gas (LNG).

AIQ has secured a $340m contract from ADNOC for the deployment of its ENERGYai and associated AI solutions.

Baker Hughes has entered into a framework agreement with NextDecade, to supply gas turbine and refrigerant compressor technology for Rio Grande LNG facility in Texas, US.