Africa’s largest oil producers, like Nigeria and Libya, have struggled to capitalize on recent high oil prices. International oil companies have reduced investments in Africa’s traditional oil fields, focusing on offshore opportunities in regions like […]
Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]
About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]
Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk. The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is […]
Oslo-listed Subsea 7 has won a sizeable EPC and offshore installation contract in the US Gulf of Mexico from an undisclosed client. The scope of work includes engineering, procurement, construction, and offshore installation of a […]
The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the […]
Last year, U.S. oil and gas companies announced several massive deals. Enverus said in its latest report on M&A activity that the second quarter saw $30.2 billion worth of deals announced in the second quarter […]
The number of upstream and oilfield services jobs is flatlining and has started to fall. The hiring slump is not because production is falling. Efficiency and technological advances in fracking services, as well as the […]
Swiss-based offshore drilling giant Transocean has secured a $531m contract from BP for operations in the US Gulf of Mexico. The contract will see drillship Deepwater Invictus on hire for about 1,095 days starting in […]
Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB’s OneSubsea has secured a new contract from UK supermajor BP for work on the Murlach development in the UK North Sea. The deal worth […]
Copyright © 2026 | Sandstone Group