Baker Hughes Reduces U.S. Spending Forecast Due to Delayed Oilfield Recovery

Baker Hughes Co. has revised its forecast for U.S. shale activity, indicating that a previously anticipated…

Namibia Poised to Become the World’s Next Oil Powerhouse

At the bustling port of Walvis Bay, Namibia, the signs of an impending economic boom are…

Vallourec Inks 5-Year Deal with Equinor for Offshore Brazil Operations

Vallourec, a leading provider of premium seamless tubular solutions, has secured a five-year contract with Equinor,…

Senegal Joins Oil-Producing Nations with Sangomar Field Extraction

Senegal has officially entered the ranks of oil-producing countries. Australian company Woodside Energy announced Tuesday the…