← Go back to All Blogs
Iraq’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the second-largest producer in OPEC tries to meet its output quota. View the full article
Kosmos Energy has produced first LNG at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. "We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting," Kosmos said. View the full article
The first phase of the development, with five wells in total, is expected to deliver around 100 MMboe with upside from subsequent phases. The Winterfell unit consists of Green Canyon blocks 899, 900, 943, 944, 987 and 988 with follow-on opportunities in adjacent blocks where Kosmos also has an interest. View the full article
Schlumberger announced an award to OneSubsea and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, for an engineering, procurement, construction and installation contract for the Odd Job field in the Gulf of Mexico. View the full article
The 2025 Offshore Energy Vessel of the Year Award went to IWS Seawalker, a 90-meter CSOV designed and equipped by Kongsberg Maritime, during a ceremony at the Annual Offshore Support Journal Conference in London. View the full article
Kongsberg Maritime will supply the design and integrated equipment package for a new walk-to-work offshore service vessel (OSV), to be built by ST Engineering Marine in Singapore for a leading oil & gas company. View the full article
(WO) — Kongsberg Maritime will supply an extensive range of equipment for a new fleet of 10 platform supply vessels (PSV) being built by Fujian Mawei Shipbuilding in China for Greek shipowner, Capital Offshore. 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
Kongsberg Maritime has developed a new mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to original suction anchor capabilities. View the full article
Building on an existing collaboration that has been ongoing since Aker BP was established, KDI will continue to contribute in accelerating Aker BP’s digitalization process by enabling real-time cloud-based data access, supporting decision-making, and improving efficiency. View the full article
Kongsberg Maritime has successfully delivered its REACH REMOTE 1, a 24-meter unmanned surface vessel (USV) designed to transform conventional offshore operations. Its initial mission will be to conduct underwater surveys off the coast of Haugesund, Norway. View the full article
Kongsberg Maritime has successfully delivered its REACH REMOTE 1, a 24-meter unmanned surface vessel (USV) designed to transform conventional offshore operations. Its initial mission will be to conduct underwater surveys off the coast of Haugesund, Norway. View the full article
Atlas Energy Solutions has completed the delivery of 100 loads of proppant with its two RoboTrucks, semi-trucks equipped with the Kodiak Driver, Kodiak Robotics’ self-driving system. View the full article
KKR and Contango are doubling down on investing in exploration and production companies as many in the sector seek to recover from years of poor returns amid the shale boom and bust. The combination will allow the merged company to reach greater scale, boost access to capital and drive down the cost of production, the people said. View the full article
KKR and Contango are doubling down on investing in exploration and production companies as many in the sector seek to recover from years of poor returns amid the shale boom and bust. The combination is said to allow the merged company to reach greater scale, boost access to capital and drive down the cost of production. View the full article
KKR is bucking the trend among private-equity peers that have been unloading shale investments after back-to-back oil market busts. The move may signal a bullish turn with U.S. crude prices heading for the best annual performance since 2015. View the full article
The Permian Strategic Partnership announced today the addition of two new companies, Kinetik and WaterBridge Resources, bringing its member company count to 19. View the full article
More consolidation in the U.S. shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co. View the full article
Kimmeridge is buying out Commonwealth LNG founder Paul Varello’s share in the company as he retires and boosting the firm’s stake to 90%. The company also is appointing David Lawler — who resigned from bp in the wake of Bernard Looney’s departure in 2023 — as chief executive officer of the Kimmeridge Texas Gas unit, which would run Commonwealth LNG. View the full article
Kimbell Royalty Partners, LP has closed the previously announced purchase of mineral and royalty interests held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments. 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
Without Keystone XL, rail will become a more important way for Canadian oil to reach U.S. Gulf Coast refineries, which need the heavy crude to replace declining supplies from Mexico and Venezuela. And more rail traffic means greater derailment risk. View the full article
Environmentalists emboldened by this week’s defeat of Keystone XL are pressuring President Joe Biden to revoke permits for other oil and gas pipelines, warning their votes depend on the administration blocking fossil fuel infrastructure. View the full article
Key Energy Services, Inc. announced the sale of substantially all of its Texas and New Mexico fluid management and saltwater disposal well assets for cash and the assumption by the buyer of the related asset retirement obligations. View the full article
(Bloomberg) – U.S. President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer price growth, according to the chief of the African nation’s central bank. View the full article
-
entries
3,955 -
comments
191 -
views
1,558,623
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.
