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Tuesday, August 19, 2025

January 2022

TGS and WesternGeco continue OBN seismic acquisition in the U.S. Gulf of Mexico- oil and gas 360

TGS and WesternGeco continue OBN seismic acquisition in the U.S. Gulf of Mexico

January 3, 2022

World Oil OSLO – TGS, a global provider of energy data and intelligence, in a strategic collaboration with WesternGeco, the geophysical services product line of Schlumberger, announced the continuation of their ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. Data processing and imaging are by WesternGeco. The 168 OCS block survey began in August 2021

OPEC to meet on Monday to discuss new top official - sources- oil and gas 360

OPEC to meet on Monday to discuss new top official – sources

January 3, 2022

Reuters LONDON  – OPEC ministers are due to hold a meeting on Monday to discuss the appointment of a new secretary general, two OPEC sources said, with Kuwait’s candidate for the job holding widespread support from the group. Haitham al-Ghais, a former Kuwaiti governor to the Organization of the Petroleum Exporting Countries, is the only candidate for the role, OPEC

OPEC+ expected to stick with planned Feb output increase, sources say- oil and gas 360

OPEC+ expected to stick with planned Feb output increase, sources say

January 3, 2022

Nasdaq LONDON/MOSCOW, Jan 3 – OPEC+ is expected to stick to its plans for a February output increase when it meets on Tuesday, predicting a mild and short-lived impact on demand from the Omicron coronavirus variant, three sources from the group of oil producers told Reuters on Monday. OPEC+, a grouping of the Organization of the Petroleum Exporting Countries (OPEC)

Russia’s weak December oil production signals lack of capacity- oil and gas 360

Russia’s weak December oil production signals lack of capacity

January 3, 2022

World Oil (Bloomberg) –Russia failed to boost oil output last month despite a generous ramp-up quota in its OPEC+ agreement, indicating the country has deployed all of its current available production capacity. With OPEC+ meeting in two days to consider output policy in the face of the fast-spreading omicron variant, Russia’s lack of growth highlights the limits of the group’s

U.S. natgas slides over 2% on forecasts for less demand next week- oil and gas 360

U.S. natgas slides over 2% on forecasts for less demand next week

January 3, 2022

Nasdaq Jan 3 – U.S. natural gas futures started the new year down over 2% on Monday on forecasts for less demand next week than previously expected and a drop in global gas prices from record highs. In the last quarter of 2021, U.S. gas futures have followed the rise and fall of global prices about two-thirds of the time

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