The Latest

E&P Highlights: Feb. 10, 2025

Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.

McDermott Completes Project Offshore East Malaysia Ahead of Schedule

McDermott International replaced a gas lift riser and installed new equipment in water depth of 1,400 m for Thailand national oil company PTTEP.

SLB: OneSubsea to Provide Equipment for Vår Energi Offshore Norway

The OneSubsea joint venture among SLB, Aker Solutions and Subsea7 will support multiple oil and gas projects on the Norwegian Continental Shelf for Vår Energi.

Exxon Enlists Baker Hughes to Support Uaru, Whiptail Offshore Guyana

Baker Hughes’ will provide specialty chemicals and related services in support of the Uaru and Whiptail projects in the Stabroek Block.

Baker Hughes Wins LNG Technology Orders for Venture Global

Baker Hughes Co. also signed a multiyear services agreement to support the first two phases of Venture Global’s Plaquemines LNG project in Louisiana.

Cummins, Liberty Energy to Deploy New Engine for Fracking Platform This Year

Liberty Energy Inc. and Cummins Inc. are deploying the natural gas large displacement engine developed in a partnership formed in 2024.

Eversource Energy Agrees to Sell Aquarion Water Co. in $2.4MM Deal

Eversource Energy plans to use the proceeds to pay down debt and reinvest into its core electric and natural gas businesses.

Atlas Energy Solutions to Acquire OFS Power Company Moser for $220MM

Atlas Energy Solutions said it will purchase Moser Energy Systems in a cash-and-stock deal that adds power services in the company’s core Permian Basin operating area.

RoboTrucks Arrive in Permian Basin, Haul Proppant for Atlas Energy

Autonomous trucks developed by Kodiak Robotics delivered sand, off-road, for Atlas Energy Solutions’ Permian operations beginning in December.

Halliburton Sees Strong Adoption of New Oilfield Tech Offerings

Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.