BP, Equinor Form Partnership to Develop Offshore Wind Energy in U.S.
BP and Equinor, formerly, Statoil announced the formation of a new strategic partnership to develop offshore wind projects in the U.S. This includes the development...
Oil and Gas News
Morrison Successfully Completes Pipeline Installation in Gulf of Mexico Shelf, Achieving Milestone
HOUSTON – Morrison, a leading energy service company for the oil, gas and renewables industries, successfully completes the installation of Byron Energy Limited’s South Marsh...
Oil, Natural Gas Price Stabilize as Demand Rises
Crude oil and natural gas prices stabilized in August, but the future looks uncertain, according to a recent report from the Energy Information Administration (EIA)....
Global Oil and Gas Contracts Activity Continued Downtrend During Q2 2020
The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as companies are finding it difficult...
Data Gumbo Enables Real-Time Lease Operating Expenses for Oil & Gas Operators to Drive Transactional Certainty, Economic Productivity and Value
HOUSTON, Texas — Data Gumbo, the trusted industrial blockchain network, today announced that it enables real-time lease operating expenses (LOE) for oil & gas operators....
Innovative Subsea Startup Nominated for Multiple Business Awards
Aberdeenshire start-up company, Legasea, has now been nominated for three business awards in quick succession. Despite having only established the business in 2019, the impact...
Oil & Gas Analytics Market to Reach Valuation of $49 Billion by 2030
The global oil & gas analytics market was valued at US$ 13 billion in 2019 and is anticipated to expand at a CAGR of ~15 percent during the forecast period. Based...
US Oil Market Shows Right Trend at a Slow Pace
Following the release of official weekly U.S. Energy Information Administration data on stocks, demand and supply of US crude oil and refined products; Adrian Lara,...
AUV Technology Pushing Offshore Guyana E&P Discovery Forward
Since discovering a sizable oil discovery in offshore Guyana, Exxon Mobil, along with several exploration and production partners, actively explored the subsea field and is...
C-Innovation Successfully Completes Stem Clamp Installation on BP’s Mad Dog Spar
HOUSTON – C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the installation of several stem clamps...