
Ovintiv weighs sale of Uinta Basin oil operations for up to $2bn
US oil company Ovintiv is contemplating the sale of its oil operations in the Uinta Basin, reported Bloomberg, citing sources.

US oil company Ovintiv is contemplating the sale of its oil operations in the Uinta Basin, reported Bloomberg, citing sources.

Halliburton is reportedly dealing with a cyberattack affecting business operations at its giant Houston campus.

Vår Energi, an oil and gas company in Norway, has announced a revised schedule for the commencement of the Balder X project in the North Sea.

American energy major Chevron is planning to invest Rs83bn ($989m) in Karnataka, India, over the next five to six years.

The Norwegian Offshore Directorate (NOD) in a resource report stated that the country’s oil and gas companies need to increase their investments in exploration and production.

Government geologists are exploring locations in the Moroto-Kadam Basin and Kyoga Basin in north and northeast Uganda.

PTT, the government-owned energy company of Thailand, is looking for partners to inject capital and offer expertise for its petrochemical and refining operations, reported Bloomberg.

Ghana has begun the construction of a $12bn petroleum hub as it looks to supply West Africa with all of its refined products by 2038.

The National Shipping Company of Saudi Arabia will spend $1bn to buy nine very large crude carriers (VLCCs) to modernize its fleet.

Iraq plans to operate on a profit-sharing model with British energy giant bp for the development of the Kirkuk oil and gas fields, reported Reuters, citing sources.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.