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When people think of the origins of the oil industry, their minds often go to Titusville, Pennsylvania, where Edwin Drake drilled the first successful oil well in the United States in 1859. While this site is historically significant, it is not the true birthplace of the oil well.
The Petroleum Projects and Technical Consultations Company (PETROJET) has completed the manufacturing of high-quality subsea systems that will be exported to Angola as part of a development project in the African country. The post PETROJET Completes Manufacturing Sub-Sea Systems for Export to Angola first appeared on Egypt Oil & Gas.
million) North Sea oil installation' Image by Alexander Sikov via iStock BEL Valves announced in a release sent to Rigzone recently that it had “lock[ed]… in [a] GBP 5 million ($6.7 in [a] GBP 5 million ($6.7 in [a] GBP 5 million ($6.7 in [a] GBP 5 million ($6.7 in [a] GBP 5 million ($6.7
(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Chevron U.S.A. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.
OEUK says the reforms announced – including the decision to commit to national pricing – bring stability that can help renew investor confidence and build a nationwide network secured by a diverse mix of domestic energy from oil, gas and offshore wind and emerging sources such as hydrogen.
Today’s funding can help unlock long-term secure jobs in manufacturing, engineering, and the wider energy supply chain. Developing a strong hydrogen sector is critical to our industrial future, and the UK’s oil and gas supply chain has the skills and capabilities to accelerate progress.”
Hydron Energy will manufacture, deliver, and commission the plant for an undisclosed customer in eastern Ontario, Canada, the company said in a news release. "We are happy to announce that we have received a bridge investment from Modern Niagara Group to meet our ongoing manufacturing requirements.
By repurposing Morecambe’s gas fields into a major carbon store, this project shows how oil and gas infrastructure can help cut emissions from manufacturing, protect jobs, and unlock new markets for low carbon products. OEUK’s Head of Policy, Enrique Cornejo, said: “It’s great to see the National Wealth Fund investing £28.6
Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. In addition, most of Europeâs depleted oil and gas fields are located at sea.
Fox Tank Company, a Texas-based provider of steel storage tanks and pressurized separation vessels for the oil and gas industry, has opened a new manufacturing facility in Coshocton County, OH, at the former site of Crozier Welding. Fox has pledged to invest $7.9 million and create 89 new jobs at the facility. Fox chose the.
Our models consider a wide range of factors, including load growth driven by artificial intelligence, transport electrification, reshoring of manufacturing and an increasingly renewable-dominated generation mix. Enverus Intelligence® | Research, Inc.
The Type 93AX addresses this challenge by preventing oil ingress from the compressor bearing chamber, thereby minimising risks and supporting continuous, reliable operation. In standard operation, it provides non-contacting operation for positive oil ingress mitigation.
Our manufacturing base cannot thrive without long-term energy cost reform, backed by secure domestic supplies. That means accelerating the build out of our renewable energy alongside the responsible production of our domestic oil and gas. It’s not an either/or.
(World Oil) – Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15
oil major into domestic lithium production. This acquisition represents a strategic investment to support energy manufacturing and expand U.S.-based (BOE Report) – Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the U.S.
Purpose-built for high-performance operations, the tanks will serve critical supply chains across oil and gas, petrochemical, LNG, and industrial manufacturing sectors, with particular relevance for operations along the Gulf Coast and into key inland markets. business development team.
GW of module manufacturing capacity were added, increasing the total to 51 GW and making Q1 2025 the third strongest quarter for factory building. Additionally 330,000 manufacturing jobs would be put at risk. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! million homes, according to SEIA.
Two-Phase and Three-Phase Separators: These vessels use gravity and often internal baffling to separate gas from liquids (two-phase) or gas from oil and water (three-phase). Following manufacturer guidelines for filter life is crucial. They are effective for bulk separation but often leave fine mists and particulates.
On the vendor/supplier side, Houston-based Vertice Oil Tools acquired Greenwell Engineering Inc. Other large customers today for Underdog include Fasken Oil and Ranch and Hibernia. With Fasken Oil and Ranch, same thing—they’re a family owned company like we are,” Esquibel says. “I on April 15.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. basins; A US$100 million commitment from a major U.S.-based
What makes this joint project between Orlen and Northland Power even more meaningful is the local content: many components, including some of the nacelles, are manufactured right here in Poland at the Vestas new plant in Szczecin. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. percent increase and an average growth of 875 jobs per month.
Fermi has, so far, navigated this challenge effectively, acquiring over 600 MW of natural gas generation and avoiding the multiyear lead times associated with original equipment manufacturers. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.
OEUK added that the government has also announced a further GBP 700 million ($959.1 million) in energy supply chains, “taking the total funding for the Great British Energy Supply Chain fund to GBP 1 billion ($1.37 That means recognizing the critical role of today’s industries on that path,” he added.
Last month Eni announced three solar projects in Italy for another industrial manufacturer. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Plenitude had already completed two photovoltaic systems with capacities of 2.5 With a collective capacity of 5.4 The projects follow the EPC model.
The oil and gasoline employer faces intricate challenges when it comes to optimizing hydrocarbon manufacturing from subsurface reservoirs. One of the most crucial phases in this manner is precise completion.
watch now VIDEO 4:29 04:29 Electricity demand is absolutely growing, says Siemens Energy CEO Squawk Box Europe "Electricity prices are regionally determined, not globally determined like oil prices," said Joe Seydl, a senior markets economist at J.P. Morgan Private Bank. watch now VIDEO 12:49 12:49 Why the U.S.
Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CF Industries Starts Up Compression Unit of Louisiana CCS Project by Jov Onsat | Rigzone Staff | Tuesday, July 15, 2025 | 10:30 AM EST CF Industries fired up the dehydration and compression unit of its CCS project with ExxonMobil at its Donaldsonville complex in Louisiana.
to meet the growing needs of advanced manufacturing, data centers and population growth” Under the partnership, GE Vernova agreed to supply up to 11 gas turbines and associated equipment through the expansion of its Greenville factory. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
Shares of First Solar , the largest solar panel manufacturer in the U.S., Sun tracker manufacturers Array Technologies and Nextracker jumped more than 12% and 5%, respectively. Residential solar installer Sunrun more than 10% while inverter manufacturers SolarEdge and Enphase gained about 7% and 3%, respectively.
In the oil and gas sector, a substantial increase in investments for brownfield and greenfield projects, coupled with planned cross-country pipeline projects, is expected to create positive prospects for growth in demand over the coming years, the report says. See the latest issue of OIl Review Middle East to find out more: [link]
The Iraqi Cabinet has approved the recommendations of the committee tasked with reviewing and addressing issues related to locally produced and imported industrial oils, as part of broader efforts to strengthen the domestic manufacturing sector. The ultimate goal is to phase out imports and prepare export plans for surplus production.
What makes this joint project between Orlen and Northland Power even more meaningful is the local content: many components, including some of the nacelles, are manufactured right here in Poland at the Vestas new plant in Szczecin. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
What makes this joint project between Orlen and Northland Power even more meaningful is the local content: many components, including some of the nacelles, are manufactured right here in Poland at the Vestas new plant in Szczecin. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
in Qatar to deepen its involvement in the nation’s oil and gas sector Earlier this year, OEG joined forces with Venture Gulf Engineering (VGE) — a leading specialist in container manufacturing, testing and certification, and a subsidiary of Al Nasr Holding Co. —
The latest IPI figures from the Saudi statistics agency show that the IPI for the “Manufacture of coke and refined petroleum products” increased from 97.4 This comes amid a marked increase in refining margins, and should enable Saudi Arabia to cash in on the strong prices. in January to 116.6 in March and 123.5
to reserve manufacturing capacity for four SGT-750 gas turbine mechanical drive packages, the company said in a news release. MORE FROM THIS AUTHOR Rocky Teodoro Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Image by Natalia Lagutkina via iStock Delfin Midstream Inc. Delfin entered into an agreement with Siemens Energy Inc.
Industrial Technology Program : Focuses on manufacturing practices and processes, preparing students for roles such as process technology management, manufacturing processes, and maintenance and operations. The post Training our Local Workforce appeared first on Permian Basin Oil and Gas Magazine.
Natural Gas $3.85 -3.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Chevron Acquires Two Smackover Leases as It Eyes Lithium Production by Jov Onsat | Rigzone Staff | Friday, June 20, 2025 | 10:42 AM EST Chevron said the acquisitions mark the first step in its establishment of a commercial-scale lithium business in the U.S.
Pounding Sand Oil and gas wells seldom produce a nice clean stream of hydrocarbons. A horizontal separator is typically the first piece of equipment downstream of the wellhead choke, dividing the flow into gas, oil, and water streams based on density difference. For more information on Wolf Process Technology, go to WolfProcess.com.
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