How Virtual Reality is Transforming Training and Operations in the Oil and Gas Sector
Virtual reality revolutionises training and operations in oil and gas industry Virtual reality (VR) primarily has applications around training across the oil and gas value chain, for example from rigs and pipelines to refineries. Industry leaders such as Shell and ExxonMobil are using VR simulations to train their employees in critical operations. This provides a […]
Northern Oil and Gas Proposes Acquisition of Granite Ridge
Northern Oil and Gas makes acquisition offer to Granite Ridge Northern Oil and Gas has submitted a bid to acquire Granite Ridge Resources, a US producer with operations in basins including the Permian and Eagle Ford, reported Reuters. The latest offer from the Minneapolis-based company represents an approximately 20% premium over Granite Ridge’s share price, […]
This Festivus Eve 2024: Get Ready for an Extended Airing of Grievances
On this Festivus Eve 2024, the airing of grievances could take a while It’s Festivus Eve, the day before one of our quirkiest holiday celebrations, and while I’m not equipped to demonstrate the traditional feats of strength like wrestling with my 16-year-old 6-foot-2 grandson — or even the 11-year-old, who is a scrappy 4-feet-8 and […]
Drilling Leases in Alaska’s Arctic Refuge
Alaska’s Arctic refuge drilling leases The Biden administration has announced it will conduct an oil and gas drilling lease auction in Alaska’s ANWR on 9 January 2025, Reuters reported. The US Interior Department confirmed on Monday that 400,000 acres (161,874 hectares) will be made available, the minimum mandated by legislation requiring the sale. The ANWR […]
Production Commences at Huizhou 26-6 Oilfield
Huizhou 26-6 oilfield production started China National Offshore Oil Corporation (CNOOC) has commenced production at the Huizhou 26-6 oilfield development project. The project, entirely operated and owned by CNOOC, is located in the Pearl River Mouth Basin at an average water depth of approximately 110m. It represents CNOOC’s first deep buried-hill reservoir development project in the South […]
Cable-Laying Barge Completes Its First Subsea Venture in Oil & Gas After Offshore Wind Projects (Gallery)
Cable laying barge wraps up its first subsea foray into oil & gas arena after offshore wind jobs (Gallery) China-headquartered subsea cable vessel owner and operator Fulan Offshore has crossed the finish line at an oilfield project in the Bohai Sea with one of its cable lay barges (CLBs), which previously worked on offshore wind […]
Analysts Show Optimism for This Oil and Gas Stock
Analysts Are Bullish On This Oil and Gas Stock Now We recently compiled a list of the Top 10 Oil and Gas Stocks To Buy According to Analysts. In this article, we are going to take a look at where W&T Offshore, Inc. (NYSE:WTI) stands against the other oil and gas stocks to buy. While renewable […]
Lawsuit Claims Oil and Gas Companies Are Exploiting Native American Landowners in Eastern Oklahoma | News
Lawsuit alleges oil and gas companies are cheating Native American landowners in eastern Oklahoma | News WASHINGTON, D.C. — The Indian Law attorneys at mctlaw filed a lawsuit against the federal government on behalf of Native Americans for breach of trust and unconstitutional action in regard to their natural gas resources. The case includes the heirs to […]
IEA Deputy Chief Emphasizes Continued Importance of Investing in Oil and Gas at Calgary Event
Investing in oil and gas still important, IEA deputy head tells Calgary crowd CALGARY — Investments in oil and gas production are important and must continue in tandem with increased investment in renewable and clean technologies, the deputy head of the International Energy Agency said Tuesday. Mary Burce Warlick made the comments in Calgary, the […]
FPIs’ Ongoing Selling Pressure Affects Oil, Gas, and Auto Industries, ET EnergyWorld
Continued selling by FPIs negatively impacted oil, gas and auto sectors, ET EnergyWorld New Delhi: Foreign portfolio investors (FPIs) have significantly impacted key sectors such as financial services, oil & gas, and automobiles with continued selling pressure, according to a report by the State Bank of India (SBI). The first half of October saw considerable […]