Persian Gulf

Crude Oil

Paisie: Crude Prices Rising Faster Than Expected

Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.

April 19, 2024

Field Development , Subsea , Discoveries , Deepwater

E&P Highlights: April 15, 2024

Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.

April 15, 2024

Emissions , Exploration & Production

Majority of Recent CO2 Emissions Linked to 57 Producers - Report

The world's top three CO2-emitting companies in the period were state-owned oil firm Saudi Aramco, Russia's state-owned energy giant Gazprom and state-owned producer Coal India, the report said.

April 3, 2024

CERAWeek , Exploration & Production , Energy Transition , Shale Plays

CERAWeek: NOCs Balance Financial Realities, Energy Transition

National oil companies’ strategies include diversifying energy sources and seeking reserves located deeper in the ground and in deeper waters, while still working to curb emissions.

March 21, 2024

Highlights , Field Development , Technology

E&P Highlights: March 11, 2024

Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.

March 11, 2024

Exploration & Production , Reservoir Evaluation

Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach

Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.

February 27, 2024

Joint Ventures , Field Development , Discoveries , Artificial Intelligence , Logistics , Subsea , Seismic

E&P Highlights: Feb. 12, 2024

Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.

February 12, 2024

Earnings , Artificial Intelligence , Drilling , Acquisitions & Divestitures

NOV's AI, Edge Offerings Find Traction—Despite Crowded Field

NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.

February 2, 2024

Field Development

McDermott Consortia Scoops Up Two Ruya Project Contracts

The EPCIC contracts support the expansion of the offshore Al-Shaheen Field, Qatar’s largest oil field.

February 1, 2024

Liquefied Natural Gas (LNG) , International , Earnings

Baker Hughes Detects LNG Slowdown Solutions, Global Opportunities

Baker Hughes’ fourth quarter earnings call confronts Biden’s halt on LNG permitting with “solve itself” attitude.

January 26, 2024