← Go back to All Blogs
Transocean today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico. View the full article
CNOOC has announced that its U.S.-based subsidiary, CNOOC Energy Holdings U.S.A. Inc., has entered into a Stock Purchase Agreement (SPA) with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc. View the full article
Last week, the Independent Petroleum Association of America (IPAA) – advocating for thousands of oil and natural gas producers that develop 90 percent of wells nationwide – held its fall Board of Directors meeting as part of its 95th Annual Meeting and announced the following board appointments. View the full article
The oil & gas industry has seen a dip in active jobs in 2024, but hiring trends remain relatively better compared to pre-COVID levels. There has been a noticeable increase in job opportunities from non-U.S. companies, according to GlobalData. View the full article
Baseline Energy Services LP has recently opened a new facility to serve
customers in the Uinta Basin. This new Baseline location is fully equipped to support this region’s mobile power generator fleet and will provide a full range of maintenance and repair services.
View the full article
As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announced they are going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated upstream sites. 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
According to new analysis by Wood Mackenzie, the UK government must create a more predictable tax regime for the North Sea oil and gas sector to ensure long-term stability. After a history of ad hoc changes, the need for a clear tax framework has become urgent. View the full article
Awards for excellence in decommissioning were presented to CNOOC International and J+S Subsea at a celebratory dinner for more than 500 leaders of the North Sea specialist industry organised by OEUK as part of its annual Decommissioning Conference held in St Andrews, Scotland. View the full article
Reconnaissance Energy Africa Ltd. announces that it has reached total depth (TD) of 4,184 meters (13,727 feet) on the Naingopo exploration well on Petroleum Exploration License 073 (PEL 73), onshore Namibia. View the full article
With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production. View the full article
The American Petroleum Institute (API) today announced the launch of the new API Repair and Remanufacture Program. Organizations can become licensed under this program and apply the API Repair and Remanufacture mark to their equipment. 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. The project's engineering delivery will be led from McDermott's Houston office. View the full article
(WO) – Venezuela detained former Oil Minister Pedro Tellechea over the weekend as part of an internal purge at the state-owned oil company, PDVSA, after President Nicolás Maduro’s disputed reelection. View the full article
C-5H will be operator Empire Energy’s longest drilled and stimulated horizontal shale well and will target a ~3,000 m horizontal section and ~60 fracture stimulation stages. C-5H will integrate the best completion practices from North American shale analogues and incorporate learnings from Carpentaria-2H and Carpentaria-3H. View the full article
DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure. View the full article
This four-month extension to an existing contract will build on existing operations. The project is expected to enhance the client’s seismic data acquisition capabilities, facilitating more informed decision making. View the full article
Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White House. View the full article
The Energy Workforce & Technology Council (EWTC) issued statements in support of President Donald J. Trump’s declaration of a national energy emergency, signaling a decisive step toward strengthening America’s energy security. View the full article
Wood is leading a Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable Carbon Capture, Utilization and Storage (CCUS) projects. The guidelines are the first of their kind to focus on the impact of impurities in CO2 across the entire CCUS value chain.
View the full article
SandboxAQ announced it has signed an agreement with Aramco to collaborate on developing a multi-GPU enabled differentiable computational fluid dynamics solver for application in oil and gas processing facilities. View the full article
Magnaflux non-destructive testing (NDT) solutions are trusted by Oil Country Tubular Goods (OCTG) manufacturers, oilfield and pipeline inspection companies, power generation companies and refineries. View the full article
(WO) — Panoro Energy has announced that following the provisional award of a 25% participating interest in two exploration blocks offshore shallow water Gabon, final terms have been agreed with the government of Gabon for production sharing contracts (PSCs) covering the two blocks. View the full article
(Bloomberg) -- Exxon Mobil Corp. has agreed to sell most of its assets in Argentina’s Vaca Muerta shale patch to Pluspetrol S.A., as Exxon shifts focus to other areas of interest, including Guyana. View the full article
Equinor has acquired a 9.8% minority stake in Ørsted—a transaction which establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. View the full article
-
entries
3,763 -
comments
185 -
views
1,423,583
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.
