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READ (including subsidiaries READ Cased Hole and ANSA) has announced a new chapter in their corporate evolution within global well-integrity services and solutions. View the full article
The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth. View the full article
Kongsberg Maritime has secured a substantial contract to provide an integrated package of electrical, control, safety and propulsion systems for the Golar Mk2 Floating Liquified Natural Gas (FLNG) project. View the full article
Expro has won a contract valued at over $10 million for the provision of a well decommissioning solution. The solution combines subsea safety systems and surface processing design to enable both safe well entry and effective fluids management. View the full article
The Deepwater Development Conference (MCEDD) is pleased to announce the appointment of Sacha Luces, Deepwater Development Manager at Shell, to its Advisory Board for the 2025 event. View the full article
ADNOC Logistics & Services Plc. has announced that its Integrated Logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 jackup barge (JUB) deployments. View the full article
ABS has awarded Hanwha Ocean Approval in Principle (AIP) for its Pre-FEED Standard FPSO Design intended to create an asset optimized for deployment in the deep waters of West Africa. View the full article
Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel. View the full article
Sercel has announced a contract with a marine geophysical company for the deployment of its Tuned Pulse Source (TPS™), an innovative low-frequency broadband marine seismic source, and the provision of related support services. View the full article
The Railroad Commission of Texas assessed $1,405,949 in enforcement docket fines against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry. View the full article
The Energy Workforce & Technology Council have released a statement in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. View the full article
(Bloomberg) – Nigeria approved a $1.3 billion deal that would see a group of local companies buy Shell Plc’s onshore assets in Africa’s biggest crude producer. View the full article
The American Petroleum Institute (API) have released a statement in response to the U.S. Environmental Protection Agency's (EPA) granting California’s request for a Clean Air Act waiver for the Advanced Clean Cars II (ACC II) Light- and Medium-Duty Vehicle Standards. View the full article
TechnipFMC has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0® production systems for the Bonga North development in Nigeria. View the full article
Seadrill has announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. View the full article
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. View the full article
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. View the full article
ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI. View the full article
The American Petroleum Institute (API) today released a statement from President and CEO Mike Sommers in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. View the full article
Petro-Victory Energy Corp. has announced the signature of an exclusivity agreement with Brava Energia S.A. for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin. View the full article
After extensive reviews of public comments and stakeholder input, the Railroad Commission of Texas has adopted a significant overhaul of rules regulating oil and gas waste management facilities in Texas. View the full article
Elementz, a new Aberdeen-based company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one. View the full article
ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI. View the full article
Capex trends all demonstrate that investors won’t limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa. African Energy Chamber's Executive Chairman, NJ Ayuk, gives his take on oil and gas trends in this opinion piece.
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(Bloomberg) – Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.
