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Halliburton has launched its Intelli suite of diagnostic well intervention wireline logging services, designed to facilitate customer collaboration, improve well insights to enable increased production, help extend asset life and reduce total cost of operations. View the full article
Gradient Geothermal will provide Chord Energy with geothermal power generation and fluid cooling services. This first of its kind deployment of Gradient's technology removes heat from produced fluids and channels those resources to create electricity. View the full article
HullWiper has joined with Unidive Subsea to bring its ROV hull cleaning technology to PSA terminals, Seatrium Yards and Singapore’s inner anchorages. Plans are also in place to serve FPSOs, FSOs and semi-submersibles under contracts with regional oil and gas companies. View the full article
McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in the Gulf of Mexico. View the full article
SLB Capturi has completed construction of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway. The facility will reduce emissions by up to 400,000 metric tons of CO2 annually for Heidelberg Materials. View the full article
(Bloomberg) – OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had closed its biggest oil field. View the full article
(Bloomberg) -- Saudi Aramco is moving closer to building a giant carbon capture and storage project at its main refining and chemicals hub at Jubail, on the kingdom’s Gulf coast. View the full article
Kent has secured a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). The framework covers the full scope of EPCm services, supporting bp’s asset lifecycle, from small and large projects to minor modifications. View the full article
OEG Energy Group has moved into a new global HQ in Dyce, Aberdeen, following a seven-figure sum investment in a multi-year lease. This marks a significant milestone in the organization’s 50-year journey, serving as a launch for its global expansion goals. View the full article
TotalEnergies highlights the value of its multi-energy strategy and strategic partnerships in Saudi Arabia as the company reflects on half a century of operations in the Middle East Kingdom. View the full article
INNIO Group has acquired Souer Co., Ltd., a specialist in engine-based technology and customer-centric services within the midstream and power generation industries. View the full article
(Bloomberg) – Saudi Aramco is moving closer to building a giant carbon capture and storage project at its main refining and chemicals hub at Jubail, on the kingdom’s Gulf coast. View the full article
Compass Datacenters has signed a multi-year capacity agreement with Siemens to supply a custom modular medium-voltage skid solution. The solution consolidates the capabilities of multiple electrical components into a single integrated unit. View the full article
Gulf Marine Services (GMS) has been awarded a new contract for one of its small-class vessels in the Gulf Cooperation Council (GCC) Middle East region. The contract spans a total of 18 months, including optional extensions. 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.
