The solution, featuring a multi-functional single shear and seal mechanism, will be incorporated into a full subsea deepwater completion/intervention system for a long-standing customer in the Gulf of Mexico.

Located approximately 100 km southeast of Baku, this milestone marks the connection of a subsea production well to a new gas processing platform, which is linked to SOCAR's existing facilities in Oil Rocks.

The incident resulted in casualties, evacuation of workers, and significant implications for oil production.

The aim of this collaboration is to leverage AI and cloud-based technologies to enhance production and establish the foundation for achieving decarbonization and net-zero targets.

Claims of chronic underinvestment in the global oil and gas industry are exaggerated, according to research and analysis conducted by Rystad Energy.

Shell Plc anticipates a significant decrease in earnings from natural gas trading in the second quarter of this year, primarily due to seasonal shifts in the market.

Equinor ASA has received regulatory approval from the Norwegian government to move forward with the development of two fields and one well in the Norwegian Sea, marking significant progress in Norway's energy sector.

On the 35th anniversary of the Piper Alpha disaster, the RMT pays tribute to the 165 offshore oil and gas workers and two seafarers who lost their lives in the North Sea catastrophe.

Oil giant Shell has issued a warning against cutting oil and gas production, claiming that such a move would be "dangerous and irresponsible."

The move signifies Switzerland's active scrutiny of its significant commodity industry's ties with Moscow. The inquiry, directed at Paramount Energy & Commodities SA, was initiated through a letter sent in April.