oilfield services
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The Federal Reserve Bank of Dallas’ second-quarter energy survey reports improved business conditions, despite a mixed outlook on oil prices and input costs.
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Analysis by the energy research firm sees the value of artificial intelligence growing for exploration and production companies, but the company said increased investment will be necessary.
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Drilling experts recently shared candid views on what will be required for their segment of the upstream business to move to the next stage of development.
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Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
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The energy technology company received an order from Twenty20 Energy for 10 gas turbines to power US data center infrastructure.
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ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
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Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
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The deal marries Baker’s core competencies in rotating equipment, flow control and digital technology with Chart’s heat transfer, air- and gas- handling, and process technologies expertise.
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Texas, Louisiana, Oklahoma, Colorado, and New Mexico round out the top five states.
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SponsoredTAQA bears the burden of reducing carbon emissions from the fossil fuel energy cycle and pays its undivided attention to decarbonizing its operations. In this article, it sheds light on its initiatives and approach to decarbonizing the oil and gas exploration and production industry.
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