Rigzone Industry News

Petrobras joined forces with Curtiss-Wright to develop a fully electric, highly reliable subsea pumping system with far less dependency on the production platform.

PT Pertamina Geothermal Energy signed a joint development agreement with PT PLN Indonesia Power to optimize the capacity of several geothermal power plants in Indonesia.

Petronas posted $19 billion in Q1 revenue.

Petrobras sold its 30 percent stake in Brentech to its partner in the joint venture for $2 million.

'The collaboration will focus on sustainable growth in the areas of commodity and specialty chemicals, crude oil and liquefied natural gas trading, lubricants, and digital solutions'.

Piñon commissioned the third 450-gallon-per-minute amine treating unit at its Dark Horse Treating Facility in Lea County, New Mexico.

Through the two new projects Petrobras aims to add 450,000 bopd in combined production capacity.

TotalEnergies' board renewed Pouyanne's term as chair and CEO after shareholders voted to renew his board mandate.

Vivo Energy is now the major shareholder of Engen.

Cellugy has developed a platform technology that enables the creation of fully bio-based and biodegradable alternatives to carbon-intensive petrochemicals.