Testing page for app
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In the region’s second bankruptcy of the month all of the operator’s assets will be sold to a private equity energy group, pending court approval. -
The US Bureau of Land Management’s August auction will be the first since March.
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Several E&P and OFS companies have already filed for Chapter 11, but unless prices strengthen the total number of filings could be as high as 190 by 2022.
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Using 3D and artificial intelligence technologies, a digital map of all three bridge-linked jackets was captured, enabling Neptune to detect asset-integrity issues early and plan fabric maintenance work on Cygnus.
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Using an underwater remotely operated vehicle, activists on board the Greenpeace ship Esperanza documented a large methane leak in the North Sea caused by a major blowout during an oil drilling operation 30 years ago.
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BSEE said details of the policy change will come later this year.
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The software solution aims to improve operational efficiency and production from subsurface to processing facilities in four offshore fields.
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Oxy Low Carbon Ventures and Rusheen Capital Management have formed a development company to finance the world’s largest carbon-dioxide-capturing facility using Carbon Engineering’s direct air capture technology.
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The area has a potential for up to 11.8 million bbl of recoverable oil reserves. The program aims to keep oil flowing in the Trans-Alaska Pipeline System, which has seen dwindling throughput since 1988.
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Valaris, formed in 2018 after the merger of Houston-based Rowan Cos. and London's Ensco, faces fallout from the oil-price drop, canceled or delayed drilling programs, and contract and day rate modifications.
