Latest News

The company’s latest sustainability report highlights progress despite the disruption caused by the COVID-19 pandemic.

A platform connecting to the Garden Banks pipeline was undamaged by Hurricane Laura, but Enbridge declared force majeure after inspecting the facilities.

Schlumberger is getting rid of its struggling OneStim business unit 2 years after an acquisition that doubled its size. It will get 37% of the shares of Liberty Oilfield Services, which said it will be the second-largest player in that sector.

Williams Companies announced a near-term goal of a 56% absolute reduction from 2005 levels in greenhouse-gas emissions by 2030, aiming for net-zero carbon emissions by 2050. Why is this significant, and where can emissions be mitigated in the midstream natural-gas gathering and boosting segment?

The national oil company’s remote northern region has delivered a pair of greenfields that await further drilling before a reserves estimate can be made.

The Norwegian company completed what it describes as the world’s first logistics operation with a drone to an offshore installation.

The International Association of Oil and Gas Producers and IPIECA, the industry group focused on environmental and social performance, have released their annual assessment of health performance in the industry. The report is based on voluntary reporting from the two groups’ member companies.

Equinor said drones could reinforce safety, boost production efficiency and contribute to lower CO2 emissions from Norwegian oil and gas

The AC and DC uninterruptible power system specs were prepared with the support of the World Economic Forum. Phase 3 of the program aims to develop 40 new specifications.

The proposed restructuring plan aims to eliminate about $74 million of the company’s debt.

The moves are part of the company’s plan to consolidate its recently acquired business units to stabilize its business following the global pandemic and economic downturn.

The FEED contract is expected to be converted into an engineering, procurement, construction, and installation contract in Q1 2021.