Equinor has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 million bbl of recoverable oil...

Emerson has announced the opening of a new $4 million Permian Basin Service Center to bring enhanced oil and gas technologies and services to the fast-growing region. The technology center is the latest investment in Emerson’s efforts to guide customers on their path to digital transformation and train the workforce of the future. Emerson’s new center expands its Permian Basin presence to meet the growing demand for digital technologies to optimize production efficiencies and support producers facing labor and equipment shortages, and address workforce preparedness issues. The 16,000 sq. ft facility provides local access to Emerson’s portfolio of automation solutions spanning from intelligent field devices and instrumentation to control systems, operations management and enterprise management software. The facility also provides ...

ExxonMobil has announced it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well...

According to Wood Mackenzie, Asia-Pacific's upstream industry has been plagued by declining oil production, exploration and licensing activity. Since 2014, exploration investment in the region has fallen 66% to around $6 billion in 2018, reducing the hopper of new development opportunities...

Chevron has announced a $5 million grant to Catalyst, a global nonprofit advancing workplace gender equality, in support of expanding the organization’s Men Advocating Real Change (MARC) program, which Chevron adopted in 2016...

BP Trinidad and Tobago (BPTT) has announced first gas production from its Angelin development. The project was delivered on time and under budget...

Nabors has announced that it has expanded its board to seven members and appointed Anthony ("Tony") Chase to fill the vacancy...

ExxonMobil has announced a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies...

KCA Deutag has announced that its offshore business unit has been awarded a new drilling contract by Enquest for the Magnus, Thistle and Heather platforms...

ADES has announced that it has successfully renewed the term of six drilling contracts associated with six onshore operating rigs in Saudi Arabia, which were acquired in December 2018...