Testing page for app
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Weatherford announced that Mark A. McCollum, president, CEO, and a director, has left the company, effectively immediately. -
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The leadership change comes amid a downturn in global crude prices which has lowered the national oil company’s revenues this year. Taking over the position will be the current chief financial officer.
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The controversial surveying technique has been used around Australia to look for oil and gas, but some environmentalists and scientists have warned the effects on marine life could be deadly.
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A new tool developed by Kosmos Energy is allowing the exploration and production company to keep better track of the effect it is having on the environment.
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McDermott’s completion comes 19 months after it was first awarded. SapuraOMV achieved first production from the Larak gas field in January.
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It goes by many names: remote work, telework, and work from home being some of the most common. Once the purview of Silicon Valley and the tech world, it has suddenly become the new way of working for millions of office workers across the globe.
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Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
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The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
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