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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
Latest news about Oil and gas Industries-29.08.25
On August 27, 2025 The United Arab Emirates' largest oil producer, Abu Dhabi National Oil Co. (ADNOC), has signed a binding 15-year agreement to supply liquefied natural gas (LNG) to India's state-run Indian Oil Corp. The deal, which follows a preliminary pact from September, will see ADNOC provide 1 million metric tons per year (MMtpa), primarily from its new under-construction export terminal in Ruwais. This is in addition to a separate existing deal to suppl... Read More
Latest news about Oil and gas Industries-22.08.25
On August 21, 2025 Aker BP announced a major oil discovery in its Omega Alfa exploration campaign in the Norwegian North Sea, estimated to hold between 96 and 134 million barrels of oil equivalent (MMboe). CEO Karl Johnny Hersvik hailed it as one of Norway's largest commercial discoveries in a decade and a significant step towards the ambition of producing over one billion barrels from the Yggdrasil area. The campaign, which initially reported a smaller find in... Read More