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An Environmental Statement developed by Xodus Group helped to pave the way for a major carbon capture and storage (CCS) project to become the UK’s first to reach financial close. The ES is the first for a CCS project in the UK to have reached this stage. View the full article
Chevron has commenced production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Chevron owns 40% working interest in Whale, with Shell owning 60% interest as operator. Estimated peak production from the Whale development is 100,000 gross boed. View the full article
(Bloomberg) – Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset production declines later in the decade. View the full article
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed 'Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.' View the full article
Chevron has announced the start of oil production from the Whale semisubmersible platform in the deepwater U.S. Gulf of Mexico. Estimated peak production from the Whale development is 100,000 gross boed, with up to 15 wells in the first phase. View the full article
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters. View the full article
Europe’s oil and gas industry is increasingly leveraging AI to optimize operations across its value chain as the region faces growing energy security concerns, according to a new research report published by Information Services Group (ISG). View the full article
ASCO has secured a five-year contract for base and logistics services for Aker BP in Norway. The agreement also includes continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination. View the full article
Pioneer Energy has been granted four awards by the U.S. DOE totaling $27 million. Pioneer will use the funds to advance its Emission Control Treater™ (ECT), a near-zero emissions well pad production technology that can increase crude yield by 5-10%. View the full article
SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others. View the full article
DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer. The new capacity aligns with the company’s subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions. View the full article
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop. View the full article
CB&I has been awarded a substantial contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated work for its liquefied natural gas (LNG) project, in Ruwais, Abu Dhabi, UAE. View the full article
Enverus has released its list of the most prolific 50 public oil and gas operators in the U.S. based on gross operated production last year. "Oilpatch mergers reshape rankings, but the Permian remains king," Enverus reported. View the full article
Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. View the full article
Kimbell Royalty Partners has agreed to acquire mineral and royalty interests held by a private seller in a cash and unit transaction valued at approximately $231 million. The acquired assets, located in the Midland basin, will produce an estimated 1,842 boed in 2025. View the full article
(Bloomberg) – Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project in Guyana's Stabroek block. The legal outcome will prove key to advancing the stalled $53 billion Hess-Chevron merger. View the full article
Trillion Energy has announced the successful installation of 2 3/8” velocity string tubing (VS) into the Alapli-2 natural gas well, marking a significant step in the company's efforts to enhance long-term gas production at the SASB field. View the full article
DENIOS now offers a new line of non-sparking tools that brings vital safety and reliability to chemical plants, grain silos, and other locations with higher risk of fire or explosion. View the full article
(Bloomberg) – South Sudan’s government called for the Dar Petroleum Operating Co. to begin resuming oil output on Wednesday, days after neighboring Sudan — through which crude flows to the coast — reopened the route for exports. View the full article
Bryan L. Clark has joined Bracewell LLC's Dallas office as a partner in both the firm’s oil and gas and energy transition practice groups. Clark previously served for over a decade as the primary midstream counsel at Pioneer Natural Resources USA, Inc. View the full article
PakEnergy has acquired Petrosight in a move to reinforce its position as a single-source provider of end-to-end well-lifecycle management solutions from site planning and construction to drilling, production, workovers and decommissioning. View the full article
Petro-Victory Energy has announced a strategic partnership with Blue Oak Investments aimed at acquiring Exploration and Production (E&P) assets and companies in Brazil and Latin America. View the full article