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Schlumberger will benefit from lower rates and increased demand for oil, which will help its drilling and digital services.
GEA Group maintains a conservative balance sheet, helping to shield shareholders from the inherent volatility in capital equipment spending in GEA’s various end markets. The balance sheet sits in a ...
Libya’s AGOCO has repaired a key crude oil pipeline as the country attracts major international oil companies in its first ...
FCI’s reliable ST75 Flow Meter utilizes advanced thermal dispersion sensing technology, providing accurate and consistent measurements even in challenging environments.
DNOW Inc. (NYSE: DNOW) ("DNOW" or "the Company") and MRC Global Inc. (NYSE: MRC) ("MRC Global") today announced that they have entered into a definitive merger agreement pursuant to which DNOW will ...
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Offshore Technology on MSNHalliburton and Petronas collaborate to speed up time to first oilUS-based Halliburton has announced a collaboration with Petronas exploration and production (E&P) subsidiary Petronas Carigali to deploy next-generation subsurface modelling and reservoir management ...
In this video, we’ll dive into the process of hydraulic fracturing, how it works, and why it has become a critical method for accessing hard-to-reach oil and gas reserves.
The wells produce heavy crude oil from the McLaren/Sparky and Lloydminster formation (s). Novacor is the operator of these cash flow positive wells and has the capability to rapidly double production.
The latest flow tests results from Pantheon Resources’ Megrez-1 well in the Alaskan North Slope were “undeniably disappointing,” the London-listed operator said in a Monday update.
Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos direct air capture, which will augment its ongoing oil and gas ...
Thermal enhanced oil recovery (TEOR) uses thermal energy to enhance oil production from viscous reservoirs where natural flow is limited. Aqueous methods, such as hot waterflooding and steam injection ...
Luda 5-2 North Phase 2 aims to unlock field’s full potential with expected peak output of 6700 barrels of oil equivalent per day by 2026, using thermal recovery techniques for heavy crude production ...
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