OKEA ASA announces FID for Brasse development to target 24mboe of oil

Pallavi Madhiraju- April 9, 2024 0

OKEA ASA (OSE: OKEA), in a strategic collaboration with its partners, has officially announced the final investment decision (FID) for the Brasse development, marking a ... Read More

James Fisher and Sons to sell RMSpumptools to ChampionX for £90m

Pallavi Madhiraju- March 23, 2024 0

James Fisher and Sons plc ("James Fisher") has officially announced the divestiture of its subsidiary, RMSpumptools Limited ("RMS"), to ChampionX UK Limited, a subsidiary of ... Read More

Dril-Quip and Innovex Downhole Solutions announce merger to create Innovex International

Pallavi Madhiraju- March 20, 2024 0

In a landmark move for the oil and gas sector, Dril-Quip, Inc. (NYSE: DRQ), a premier developer, manufacturer, and service provider for the offshore and ... Read More

Equinor extends drilling contracts worth NOK18.4bn, ensuring 2,000 jobs annually

Pallavi Madhiraju- March 15, 2024 0

In a significant development for the oil and gas industry, Equinor, on behalf of its partners, has announced the extension of contracts with Archer AS, ... Read More