Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network

Baker Hughes will supply Snam, a leading European energy infrastructure company, with three turbocompressors driven by NovaLT™12 gas turbine technology, offering fuel flexibility of up to 10% hydrogen blend with natural gas Award marks another significant milestone in the decarbonization of Italy’s gas network infrastructure and builds on the long-standing collaboration between the two companies …

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TC Energy appoints Sean O’Donnell as Executive Vice-President and Chief Financial Officer

Joel Hunter, Executive Vice-President and Chief Financial Officer, to depart TC Energy after over 26 years with the company CALGARY, Alberta, April 03, 2024 (GLOBE NEWSWIRE) — – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that the Board of Directors has appointed Sean O’Donnell, currently Senior …

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COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today the pricing of its private placement of new 6.75% senior unsecured notes due 2029 in the aggregate amount of $400.0 million, which was increased from the originally proposed $375.0 million (the “Notes”). The Notes will be issued …

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LLOG Exploration Discusses Recent Accomplishments and Provides Operational Update for 2024

COVINGTON, La., April 02, 2024 (GLOBE NEWSWIRE) — LLOG Exploration Company, L.L.C. (“LLOG” or “the Company”), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (“GOM”), today provided an operational update. Company Highlights: Increased gross operated production at the end of February 2024 to over 110 thousand barrels of oil equivalent …

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SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction

Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologies Combined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimization ChampionX shareholders to receive 0.735 SLB shares for each share of ChampionX Annual pre-tax synergies to …

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OPEC+ Unlikely to Change Output Policy at Panel Meeting

Summary OPEC+ JMMC meets on Wednesday at 1100 GMT Producers earlier agreed to extend output cuts Oil rallies to $89 a barrel, highest this year LONDON, April 3 (Reuters) – An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting later on Wednesday, three OPEC+ sources told Reuters, following …

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Drought Poses Key Risk to Canada’s Natural Gas Producers in 2024

CALGARY — Persistent drought conditions are poised to challenge natural gas producers even as they aim to ramp up in anticipation of Canada’s first liquefied natural gas export terminal opening, a new report warns. The report by Deloitte Canada identifies potential water shortages in Western Canada as a key risk facing the oil and gas …

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Understanding SLB’s Culture Evolution, Innovation and Leadership Strategies

In October 2022, Schlumberger announced its new name – SLB – and its transition from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced planet. This new identity and position reflect SLB’s ambition to accelerate the energy transition by developing and scaling new energy systems, …

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Synchronized Lifting Systems vs. Split Flow Pumps

Split flow pumps and synchronized lifting systems are two innovative solutions widely utilized in engineering, particularly in the fields of construction and maintenance of large structures. These technologies serve distinct purposes and operate on different principles, offering solutions to complex lifting and positioning challenges. Understanding the differences between these systems is crucial for engineers, project …

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Why you need a highly qualified engineer to design your new technology pilot plant

North America is witnessing a surge in the design and construction of new technology pilot plants largely because of the rapid changes in the energy sector. The development and testing of new sources of energy as well as emission reduction technologies are often tested in these facilities. New technology pilot plants are essential to understand …

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