Commodities

SLB acquires S&P International upstream software program, advancing AI-driven subsurface technique

(WO) - SLB has agreed to amass the upstream geoscience and petroleum engineering software program portfolio of S&P International’s power division, increasing its digital subsurface capabilities and presence in U.S. unconventional workflows.  ...

How I traded the Strait of Hormuz escalation on crude oil

https://preview.redd.it/tjqp5dexhzwg1.png?width=1794&format=png&auto=webp&s=774e63a42d19ae63cbd7b0fc3051f326b0666c4c Think about waking up after resting from the US and Iran talks, and the very first thing you hear is that the conflict is escalating, as...

Oil majors enhance exploration as 300-billion-barrel provide hole looms

(WO) - Main oil firms are growing funding in high-impact exploration because the business faces a possible 300-billion-barrel provide hole by 2050, in response to new evaluation from Wooden Mackenzie. The report estimates that...

Seadrill provides $260-million backlog with U.S. Gulf drillship awards

(WO) - Seadrill has secured new offshore drilling work within the U.S. Gulf, including roughly $260 million to its contract backlog and reinforcing ongoing ultra-deepwater exercise within the area. The corporate was awarded a...

VAALCO advances Gabon drilling program, targets Q2 restart of Baobab offshore subject

(WO) - VAALCO Power has reported sturdy preliminary outcomes from its ongoing offshore Gabon drilling marketing campaign, whereas progressing extra growth exercise and a deliberate manufacturing restart offshore Côte d’Ivoire. The corporate stated the...

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