Commodities

Kurdistan, North Sea expansions had been key drivers for 2024 income, DNO says

DNO ASA reported 2024 revenues of USD 667 million on the again of strong manufacturing within the Kurdistan area of Iraq in a yr marked by persevering with North Sea growth. Money from operations...

Equinor cuts renewables goal, forecasts development for oil and fuel

(Bloomberg) – Equinor ASA reined in its renewable-energy ambitions, lower than two months after snapping up a $2.3 billion stake in Danish wind large Orsted A/S. ...

VIKING opens new Norway facility to design, manufacture lifeboats for offshore sector

VIKING Life-Saving Gear is strengthening its place in boat manufacturing by investing in a brand new state-of-the-art manufacturing facility in Arendal, Norway. The brand new constructing covers 3,400 sqm and is designed to...

Vitality Workforce congratulates former CEO Leslie Beyer on U.S. Dept. of the Inside appointment

The Vitality Workforce & Know-how Council (EWTC) issued the next assertion of congratulations to former EWTC CEO Leslie Beyer on her appointment as Assistant Secretary of Land and Minerals Administration on the U.S....

SLB OneSubsea to ship subsea manufacturing methods for Vår Energi, offshore Norway

SLB has introduced an settlement between its OneSubsea™ three way partnership and Vår Energi to ship a sizeable subsea manufacturing methods (SPS) work scope. This award leverages the present strategic subsea partnership settlement...

Ecopetrol, OXY to drill 34 wells in Permian below improvement plan extension

Ecopetrol S.A. introduced that its U.S. subsidiary, Ecopetrol Permian, has reached an settlement with Occidental Petroleum (OXY) to increase its improvement plan of Rodeo Midland Basin LLC below the joint-venture first established in...

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