Climate policy is a hot topic in the oil & gas (O&G) industry, with the theme ‘Climate Change’ mentioned over 210,000 times in GloblaData’s Filing Analytics database of global O&G company filings in 2020 and 2021 combined – a 41%…
Specialist oil and gas consultancy Oil Plus Ltd has secured a number of significant international contract awards totalling more than £1.5million in the first half of this year, signalling that it is on track to increase its revenues by 50%…
The Former Soviet Union (FSU) is expected to lead the global planned and announced working gas capacity additions, contributing approximately 34% of the total global capacity additions by 2025, says GlobalData, a leading data and analytics company. The company’s report,…
The upstream oil & gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation. Even though this involves  some risk, tech-savvy businesses understand that today's investment can shower massive…
An uptick in projects and an increasing demand for its solutions has prompted Ampelmann, the Dutch offshore access provider, to mobilise two new L-type systems to the Middle East. The company has long been the preferred choice for both national…
Lhyfe, renewable hydrogen producer and supplier has signed a partnership with Aquaterra Energy, a leader in global offshore engineering solutions, and offshore drilling contractor Borr Drilling to develop an innovative concept for offshore green hydrogen production in the North Sea.…
Pipeline technology specialist, STATS Group, has successfully completed the largest number of simultaneous pipeline isolation projects in its 23 year history. During the 2021 summer shutdown season, STATS supported six separate Tecno Plug isolation deployments in the UK North Sea,…
The oilfield services sector is radically restructuring to survive in a world moving towards net-zero carbon emissions, according to a new industry report released today. Almost three quarters (73%) of the UK respondents to ‘Decision Time’ – a Protolabs report…
Wednesday, 15 September 2021 10:25

Tendeka secures $30m worth of new wells contracts

Global completions specialist Tendeka has secured more than $30million USD worth of international contracts within the last quarter which will cover the next three years. In addition to this unplanned revenue, the company has won long-term work with operators for…
FutureOn, the global energy software company and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has been named as a finalist at the OGUK Awards 2021. The company has been shortlisted in…
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today the signing of definitive agreements to form a joint venture with Mercuria Energy Trading (Mercuria), one of the world’s largest integrated energy and commodities companies, to own and…
Two international oil and gas players in Venezuela, TotalEnergies and Equinor, recently divested their respective 30.32% and 9.67% interest in the largest project, Petrocedeno, to the state-owned Petróleos de Venezuela S.A (PDVSA) company. According to GlobalData, this means that due…
PLR device determines leachate and/or condensate levels accurately, safelyand efficiently without the need to break the wells’ vacuum seal Q.E.D. Environmental Systems, Inc., a leading manufacturer of innovative environmental products and subsidiary of Graco Inc (NYSE: GGG)., announces the release…
Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData,…
Monday, 13 September 2021 20:18

A Decent Start to the Week

By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets are off to a decent start at the beginning of the week, one that will be heavily focused on US economic data ahead of the September Fed meeting.…
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