News
December 12, 2024
Baker Hughes and the University of California, Berkeley have announced a new long-term research partnership to establish the Baker Hughes Institute for Decarbonization Materials at UC Berkeley’s College of Chemistry.
News
December 11, 2024
Tenaris and IGI Poseidon, a joint venture between Greece’s DEPA International Projects and Italy’s Edison S.p.A., have joined forces to advance the hydrogen transportation via ultra-deep offshore pipelines.
News
December 10, 2024
INEOS with its partners Harbour Energy and Nordsøfonden, has made a Final Investment Decision (FID) on the first commercial phase of Project Greensand, with storage operations set to begin at the end of 2025/early 2026.
News
December 10, 2024
Northern Endurance Partnership (NEP) has announced development of the UK's first CCS project in partnership with TotalEnergies. NEP, in which TotalEnergies holds a 10% shareholding interest, will permanently store up to an initial 4 million tonnes of CO2 per year.
News
December 10, 2024
TotalEnergies has finalized the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream, an independent gas producer in Malaysia.
News
December 09, 2024
The 2024 China-Africa Think Tank Energy Forum recently convened in Chad's capital, N'Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities.
News
December 09, 2024
ADNOC has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s Petronas. The 15-year SPA is for supplying 1 million tonnes per annum (mtpa) of LNG.
News
December 08, 2024
Aramco has signed a shareholders’ agreement with Linde and SLB, paving the way for development of a Carbon Capture and Storage (CCS) hub that is expected to become one of the largest globally.
News
December 05, 2024
JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has won a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.
News
December 04, 2024
Gradient Geothermal will provide Chord Energy with geothermal power generation and fluid cooling services. This first of its kind deployment of Gradient's technology removes heat from produced fluids and channels those resources to create electricity.
News
December 04, 2024
HullWiper has joined with Unidive Subsea to bring its ROV hull cleaning technology to PSA terminals, Seatrium Yards and Singapore’s inner anchorages. Plans are also in place to serve FPSOs, FSOs and semi-submersibles under contracts with regional oil and gas companies.
News
December 04, 2024
OEG Energy Group has moved into a new global HQ in Dyce, Aberdeen, following a seven-figure sum investment in a multi-year lease. This marks a significant milestone in the organization’s 50-year journey, serving as a launch for its global expansion goals.
News
December 04, 2024
(Bloomberg) – Saudi Aramco is moving closer to building a giant carbon capture and storage project at its main refining and chemicals hub at Jubail, on the kingdom’s Gulf coast.
Article
November 2024
How intelligent rig controls hold the key to peak drilling performance with a lower carbon footprint.  
Article
November 2024
Blue hydrogen intersects traditional fossil fuels and the emerging low-carbon economy. For upstream companies, this convergence offers a way to participate in the energy transition and decarbonize hard-to-abate industries. In the near term, blue hydrogen will play a key role in regions with abundant natural gas and suitable CO₂ storage sites.  
Article
November 2024
With President-elect Trump and his pro-oil stance set to take position in office, a new Secretary of Energy candidate who opposes much of the ESG movement, and Liberty Oil suing the SEC for overreach — are we seeing the end of the ESG movement?
News
December 03, 2024
TotalEnergies highlights the value of its multi-energy strategy and strategic partnerships in Saudi Arabia as the company reflects on half a century of operations in the Middle East Kingdom.
News
December 03, 2024
INNIO Group has acquired Souer Co., Ltd., a specialist in engine-based technology and customer-centric services within the midstream and power generation industries.
News
December 03, 2024
SLB Capturi has completed construction of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway. The facility will reduce emissions by up to 400,000 metric tons of CO2 annually for Heidelberg Materials.
News
December 01, 2024
(Bloomberg) – TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment in its hydrocarbon production are making progress.
News
November 29, 2024
Russia’s Gazprom PJSC is preparing for a scenario where natural gas flows via Ukraine halt entirely next year.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.