Business/economics
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
-
An oil supertanker that Nigeria tried to seize has been stuck off the coast of nearby Equatorial Guinea for more than 10 days, where it was impounded by local authorities.
-
A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.
-
After showing an unexpected degree of resiliency, the brunt of embargoes and economic contraction are set to impose yet another big hit to Russia's output.
-
Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities.
-
The Oklahoma City-based tight-oil producer has agreed to acquire Validus Energy.
-
Pending US Law Offers Big Boost to CO2 Storage Credits in Exchange for New Fees on Methane EmissionsUsing a carrot-and-stick approach, the US federal government is poised to spur the nation's oil and gas industry into doing more to combat emissions.
-
In making a historically small production quota hike, OPEC+ members outline some big concerns about the group's ability to keep up with demand.
-
Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
-
ADNOC Drilling and ADNOC Logistics & Services have won the newest round of contracts to develop the mega sour-gas project that will expand the UAE’s production of LNG.
-
ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.