Commodities

Golar LNG acquires full possession of Seatrium FLNG facility in $90 million deal

Golar LNG has acquired Seatrium’s and Black & Veatch’s minority possession pursuits within the FLNG Hilli. The acquisitions comprise all third-party pursuits within the asset, together with a complete of 5.45% frequent items,...

Sanha Challenge achieves first fuel in milestone for Angolan diversification

The Sanha Lean Gasoline Connection venture – located in Angola’s Benguela province – has achieved first fuel manufacturing. Spearheaded by the Cabinda Gulf Oil Firm – power main Chevron’s Angolan subsidiary – the...

Falcon completes drilling on second effectively of Shenandoah South Pilot Undertaking

Falcon Oil & Gasoline Ltd. has introduced that the Shenandoah S2-4H horizontal effectively was efficiently drilled, cased and cemented to a measured depth of 6,452 meters (21,169 toes) in exploration allow 98 within...

McDermott opens welding and know-how heart in Dubai

McDermott has opened a brand new welding and know-how heart of excellence for analysis, improvement and qualification. The power is situated on the Oilfields Provide Middle in Dubai's Jebel Ali Freezone. It encompasses...

Permian methane emissions dropped 26% in 2023 from earlier yr, new research finds

Annual methane emissions stemming from oil and fuel manufacturing operations within the Permian basin decreased 26% in 2023 from the earlier yr—equal to the overall quantity of carbon emissions prevented by each electrical...

Landbridge completes acquisition of 46,000 acres in Delaware basin

LandBridge has closed its beforehand introduced acquisition of roughly 46,000 largely contiguous floor...

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