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HomeExploration and Production

Exploration and Production

Oceaneering
Exploration and Production

Oceaneering wins multiple vessel contracts in Gulf of Mexico

June 28, 2024 Mariel Alumit

Oceaneering has won multiple contracts for vessel services in the Gulf of Mexico. The first deal covers a mix of basic and heavy inspection, maintenance, and repair (IMR) services, including vessel-based inspections, maintenance of smaller […]

Biden administration
Energy Policy

Texas regulator calls on Biden administration to restart LNG exports to support Ukraine

June 27, 2024 Mariel Alumit

(WO) – Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and […]

Shale
Crude Oil News

Shale Executives See Mergers Squeezing US Oil Production

June 27, 2024 Mariel Alumit

US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]

Oil and gas
Crude Oil News

Oil and gas leaders optimistic amid energy transition challenges

June 27, 2024 Stu Turley

Despite significant energy challenges, a recent survey by DNV shows that 68% of leaders in the oil and gas industry are optimistic about growth in the coming year. The survey, titled “The Paradox of Petroleum,” […]

natural gas
Exploration and Production

Chevron to boost natural gas production from massive Leviathan field offshore Israel following export expansion

June 27, 2024 Mariel Alumit

(WO) – The Leviathan gas field offshore Israel – touted as the largest gas field in the Mediterranean- is set for an expansion in natural gas export capacity, following preliminary approval from Israel’s Energy Ministry. […]

Oil and Natural Gas Industry
Crude Oil News

Oil and Natural Gas Industry Contributes $2.42 Billion in Taxes in 2023

June 27, 2024 Mariel Alumit

Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]

Equinor
Crude Oil News

Equinor enlists Ocean Installer for SURF EPCI work on $1.1 billion Troll project offshore Norway

June 26, 2024 Mariel Alumit

(WO) – Ocean Installer has been chosen by Equinor and its partners in the Troll A license as the SURF contractor for their new 12 billion NOK ($1.13 billion) investment in the Troll Phase 3 […]

Crude Oil News

Canada’s Oil Sands Time To Shine!!

June 26, 2024 Andy Del Prado

Daily Standup Top Stories EU Sanctions 17 Ships that Carried Oil for Russia June 25, 2024 Mariel Alumit The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. […]

Oil
Crude Oil News

New Report Ranks Top 100 Private Oil Drillers

June 25, 2024 Mariel Alumit

After the merger and acquisition frenzy that has characterized the US upstream oil and gas business since 2020, many are left wondering who the most attractive remaining takeover targets might be. Because this spate of […]

UK Banks
Crude Oil News

UK Banks No Longer Finance Nation’s Small Oil and Gas Producers

June 25, 2024 Mariel Alumit

There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North Sea, according to Neptune Energy. “The future […]

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