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(Bloomberg) – Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara’s overtures for deeper involvement in the reconstruction of the war-torn country. View the full article
Golar LNG has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. View the full article
Seadrill today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. View the full article
Vermilion Energy Inc. has entered into an arrangement agreement to acquire Westbrick Energy Ltd., a privately held oil and gas company operating in the Deep Basin, for total consideration of $1.075 billion. View the full article
The oil & gas industry has seen a dip in active jobs in 2024, but hiring trends remain relatively better compared to pre-COVID levels. There has been a noticeable increase in job opportunities from non-U.S. companies, according to GlobalData. View the full article
The Sanha Lean Gas Connection project – situated in Angola’s Benguela province – has achieved first gas production. The project is spearheaded by the Cabinda Gulf Oil Company, Chevron’s Angolan subsidiary. View the full article
Seatrium has signed a contract with BP Exploration and Production Inc (bp) to perform engineering, procurement, construction and onshore commissioning (EPC) work for the Kaskida Floating Production Unit (FPU) project in the U.S. Gulf of Mexico. View the full article
Falcon Oil & Gas Ltd. has announced that the Shenandoah S2-4H horizontal well was successfully drilled, cased and cemented to a measured depth of 6,452 meters (21,169 feet) in exploration permit 98 in the Beetaloo Sub-basin. View the full article
McDermott has opened a new welding and technology center of excellence for research, development and qualification. The facility is located at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. View the full article
Annual methane emissions stemming from oil and gas production operations in the Permian basin decreased 26% in 2023 from the previous year, according to a new analysis by S&P Global Commodity Insights. View the full article
ProPetro Holding Corp. has entered into a term contract to provide electric hydraulic fracturing services to a large independent Permian-focused oil and gas operator. View the full article
LandBridge has closed its previously announced acquisition of approximately 46,000 largely contiguous surface acres, known as the Wolf Bone Ranch, in the Delaware Basin from a subsidiary of VTX Energy Partners. View the full article
(Bloomberg) – The largest oil producer in the United Arab Emirates is focused on closing its nearly $13 billion acquisition of German chemical maker Covestro AG which would establish a base for international growth. View the full article
(Bloomberg) – BP Plc and the Iraqi government took another step toward reviving one of its most prolific oil and gas resources, the Kirkuk field. The agreement on technical terms to redevelop the field is an important step toward a fully termed contract. View the full article
READ (including subsidiaries READ Cased Hole and ANSA) has announced a new chapter in their corporate evolution within global well-integrity services and solutions. View the full article
The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth. View the full article
Expro has won a contract valued at over $10 million for the provision of a well decommissioning solution. The solution combines subsea safety systems and surface processing design to enable both safe well entry and effective fluids management. 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
The Deepwater Development Conference (MCEDD) is pleased to announce the appointment of Sacha Luces, Deepwater Development Manager at Shell, to its Advisory Board for the 2025 event. View the full article
ABS has awarded Hanwha Ocean Approval in Principle (AIP) for its Pre-FEED Standard FPSO Design intended to create an asset optimized for deployment in the deep waters of West Africa. View the full article
ADNOC Logistics & Services Plc. has announced that its Integrated Logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 jackup barge (JUB) deployments. View the full article
Sercel has announced a contract with a marine geophysical company for the deployment of its Tuned Pulse Source (TPS™), an innovative low-frequency broadband marine seismic source, and the provision of related support services. View the full article
Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel. View the full article
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