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Flaring in the UK North Sea fell by 22% in 2020 from the previous year as production facilities cut the overall volume to 33 Bcf, a reduction that is roughly equivalent to the gas demand of 200,000 UK homes.
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The Mexican state oil company believes it has found a new oil field on par with past billion-bbl finds.
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.
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The filing is part of a plan to restructure the DJ Basin operator while completing a previously signed merger agreement.
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This different way of looking at cultural maturity through the lens of what should be expected of supervisors and employees may help organizations develop plans and strategies to achieve an incident- and injury-free workplace.
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The infrastructure engineering software firm is expected to pay more than $1 billion to acquire geological and geophysical modeling software developer Seequent.
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Honeywell's H1 quantum system has reached a record-high quantum volume.
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Another technology developer is trying to convince oil companies that they really do need more power and downhole data while drilling.
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According to a World Economic Forum report, digital transformation in the oil and gas industry could unlock approximately $1.6 trillion of value for the industry, its customers, and wider society while creating around $1 trillion of value for oil and gas firms.
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The combined company will move forward as Expro Group and maintain an operational headquarters in Houston.
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The deal adds acreage in North Dakota’s Williston Basin.
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