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Latest news about Oil and gas Industries-26.09.25
On September 24, 2025 Suriname's new government, led by President Jennifer Geerlings-Simons, is negotiating to refinance its dollar bonds and secure a new IMF program to manage its debt burden until oil revenues begin in 2028. The President aims to defer debt payments, avoid past austerity measures, and narrow the current budget deficit through spending constraints and improved tax collection, without imposing further hardship on the public. The economy is poi... Read More
Latest news about Oil and gas Industries-18.09.25
On September 17, 2025 Geoteric, a global leader in AI-driven seismic interpretation, signed a landmark multi-year agreement with PETRONAS Carigali to accelerate the adoption of artificial intelligence in its global exploration activities. This strategic collaboration is a key part of PETRONAS's digital transformation, aimed at faster prospect identification, improved drilling success, and expedited project execution by integrating Geoteric's AI software into it... Read More
Latest news about Oil and gas Industries-12.09.25
On September 11, 2025 Pelican Acquisition Corporation finalized a merger with Greenland Exploration Limited and March GL Company to form Greenland Energy Company. This new entity becomes the first U.S. public company focused on developing oil and gas resources in Greenland’s Jameson Land Basin, an area long identified as one of the Arctic's most promising undrilled hydrocarbon regions. The basin's potential was initially established by ARCO, which invest... Read More
Latest news about Oil and gas Industries-05.09.25
On September 04, 2025 Clariant Oil Services expanded its commitment to the Norwegian oil and gas market by establishing a new bulk storage and transfer base in Dusavik, Stavanger, in partnership with Swire Energy Services. The fully automated facility featured multiple bulk storage tanks with transfer capabilities to vessels or tote tanks, an adjacent area for Intermediate Bulk Container storage, and an on-site Quality Control laboratory. Full operations were e... Read More