The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems. Pete ...

BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good ...

Weatherford International plc has announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu ...

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable. The collaboration aims to integrate Weatherford's software and ...

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix. The kingdom burns ...

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price ...

TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%). Located 120 km off the ...

ADNOC Drilling Company PJSC announced on Thursday 17 April that it has received a letter of award for a US$1.63 billion, five year contract for Integrated Drilling Services (IDS) from ADNOC Offshore.

Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres. GUH, the trade and ...