Baker Hughes and SOCAR have signed a contract for an innovative emission reduction solution aimed at reducing routine flaring at Heydar Aliyev oil refinery.
Technip Energies, TechnipFMC, SBM Offshore and Saipem have secured contracts for the GranMorgu field development, offshore Suriname.
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.
Norway experienced record levels on investment in its oil and gas (O&G) sector in 2024, and could see even more in 2025.
Ovintiv has signed a definitive purchase agreement to acquire Montney assets from Paramount Resources in an all-cash transaction valued at approximately $2.37bn.
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).
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.
TotalEnergies has announced the deployment of continuous, real-time methane emissions detection equipment across all its operated upstream assets.
Donald Trump is set to pick an “energy czar” to oversee his energy agenda to deregulate and expand fossil fuel production.
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