World Oil
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World Oil, established in 1916 as The Oil Weekly, is published monthly by Gulf Energy Information. World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and offshore.
World Oil
8M ago
The American Petroleum Institute President and CEO Mike Sommers and American Fuel and Petrochemical Manufacturers President and CEO Chet Thompson sent a letter to U.S. Secretary of Energy Jennifer Granholm raising significant concerns that the administration could pursue a ban or limits on refined petroleum products ..read more
World Oil
8M ago
Brazilian state-owned oil and gas producer Petrobras awarded Sembcorp Marine Rigs & Floaters Pte, a wholly-owned subsidiary of Sembcorp Marine, a $3.05 billion contract for the P-82 FPSO vessel through an international tender ..read more
World Oil
8M ago
Subsea7 announced that the heavy construction/flex-lay vessel Seven Arctic is to be equipped with a new energy-saving system ..read more
World Oil
8M ago
(WO) — During a Tuesday afternoon “Special Session” at SPE’s Annual Technical Conference and Exhibition, an ExxonMobil manager explained why faster carbon capture and storage (CCS) development will require hub projects with larger scales ..read more
World Oil
8M ago
Dolphin Drilling secured a year-long, $96 million contract with Nigeria-based General Hydrocarbons Limited for the Blackford Dolphin rig. The contract will commence in the fourth quarter of this year ..read more
World Oil
8M ago
Schlumberger announced it has entered into a partnership with Gradiant, a global water solutions provider, to introduce a key sustainable technology into the production process for battery-grade lithium compounds ..read more
World Oil
8M ago
It’s the biggest reduction by the Organization of Petroleum Exporting Countries and its allies since 2020, but will have a smaller impact on global supply than the headline number suggests. Several member countries are already pumping well below their quotas ..read more
World Oil
8M ago
Speaking at the Energy Intelligence Forum, ADNOC CEO H.E. Dr. Al Jaber said market sentiment does not reflect the real underlying fundamentals, tight spare capacity and long-term demand growth ..read more
World Oil
8M ago
Veolia Water Technologies, through its subsidiary VWS Westgarth Ltd, has been awarded a multi-million-dollar contract by the Yellowtail - SBM Offshore/McDermott Joint Venture for the supply of a seawater treatment process module for the One Guyana FPSO that will operate in the Stabroek block, offshore Guyana ..read more
World Oil
8M ago
Sustainable recovery and transforming the industry for the future was the theme of the opening general session Monday morning at the SPE Annual Technical Conference and Exhibition, at the George R. Brown convention center in Houston, Texas ..read more