BP has appointed Murray Auchincloss as its chief executive officer with immediate effect.Murray, who has been interim CEO since September 2023, will continue as a member of the BP board.鈥疕is appointment has been made following a robust and competitive search process鈥
Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024鈥
Oil and gas well integrity and production optimization company Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies.After completing the acquisition and expanding its offering鈥
Strohm has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water in West Africa.This installation, at 1600-meter water depths, followed a rigorous testing program, during which TotalEnergies鈥
Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1鈥
Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos鈥欌
BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares鈥
Beacon 云顶赌场老虎机 Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery鈥
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work鈥
It was a busy week in the offshore drilling sector as new work was secured by Noble and Valaris rigs, reports Esgian in its Week 2 Rig Analytics Market Roundup.ContractsLLOG has exercised a six-month option for Noble 12,000-ft drillship Noble Valiant in the US GOM鈥
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market鈥
The Australian Government is asking for feedback on ways to improve its offshore environmental management regime.In the first instance, the Department of Industry, Science and Resources is seeking to clarify the consultation requirements under鈥
The Norwegian 云顶赌场老虎机 Directorate has released figures for 2023, saying production was somewhat lower than was expected a year ago.This is largely due to unplanned and extended maintenance shutdowns at multiple onshore facilities and fields鈥
Jumbo 云顶赌场老虎机 has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil鈥
SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.The Geminus model鈥
