Subsea 7 has landed what it describes as a “super-major” contract worth over $1.25bn with Brazil’s Petrobras. The deal will see the Oslo-listed offshore services player work on the Búzios 9 field development, located some […]
The Federal Trade Commission last week gave the green light to Exxon’s acquisition of Pioneer Natural Resources. The FTC alleged that Sheffield had colluded with OPEC and OPEC+ members to limit production and increase oil […]
(WO) – ProPetro Holding Corp. has entered into a three-year hydraulic fracturing services agreement to provide electric hydraulic fracturing services to ExxonMobil in the Permian basin. ProPetro will deliver and dedicate FORCE electric-powered hydraulic fracturing […]
ENB Pub Note: This article is from Dr. Ed Ireland’s Substack. I highly recommend following and supporting his energy research and subscribing to his Substack HERE: Source: Edireland.substack.com A few weeks ago, I wrote that the U.S. […]
Another merger, another Deal Spotlight! On today’s episode, we talk all things OFS and the merger of SLB + ChampionX that happened earlier this year. To break all this down, we needed to find an […]
HOUSTON, April 24 (Reuters) – Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more […]
Daily Standup Top Stories California Considers Suing Exxon Over Plastic Pollution April 23, 2024 Mariel Alumit California is close to completing a two-year investigation into Exxon on allegations of plastic pollution. After that, the state will […]
Halliburton has posted its highest quarterly earnings in over a decade after bringing in total revenues of $5.8 billion (£4.6bn) in the first quarter of 2024. This marked a 2% increase compared to the first […]
(The Center Square) – The Texas oil and natural gas industry, in the upstream sector alone, shattered jobs records in March. The upstream sector added 4,500 jobs last month, the greatest number of jobs in […]
Shares of Schlumberger Limited (SLB) are dipping slightly on Friday as the oil drilling operator posted its first-quarter earnings, beating Wall Street revenue expectations for the quarter but disappointing on its failure to truly capitalize on […]
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