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ADNOC’s drilling subsidiary has increased its rig fleet to 95 and plans to add “dozens” more by 2025.
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The ransomware attack that began over the weekend is reportedly still affecting the national oil company’s payment systems, which may have wider impacts on its supply chain. For now, the company says its upstream and downstream operations are running normally.
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Occidental Petroleum has closed on deals totaling $1.7 billion as part of its divestment program following its $38-billion takeover of Anadarko Petroleum.
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ADNOC said the agreements will maximize its access to new markets, effectively booking out the majority of its LNG production through the start of 2022.
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The long-struggling shale operator’s share price on 12 November closed at 67¢/share, a 25-year low.
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Lankhorst Ropes provided slings to Seaway 7 for a heavy-lift project on Shell’s Dolphin platform offshore Trinidad and Tobago. Shell contracted the installation of a permanent living quarter module on the facility, which it acquired from Chevron in 2017.
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Solstad Offshore, a Norwedian offshore vessel owner, has been awarded a long-term contract with Global Offshore for the construction support vessel (CSV) Normand Clipper. The contract will begin in the first quarter of 2020 and last for 3 years. The deal also includes 5 years of options after the fixed term.
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New research links a rise in seismic activity in West Texas with increased oil and gas development over the past 20 years and, in particular, the past decade.
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Residents in Broomfield, Colorado, now can submit concerns about medical issues that could be related to living near an oil and gas facility. The city had a form for filing complaints about oil and gas in Broomfield and has added a new box specifically for medical concerns.
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Fluid saturation isn't what it used to be when it comes to unconventional reservoirs. Our guest is among those sharing new research to discuss the shale sector’s changing perspectives on the importance of mobile hydrocarbons vs. immobile hydrocarbons.
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The deal, first announced in May, gives the Delek subsidiary 10 additional producing field interests in the UK North Sea, boosting its 2019 production by 300%.
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Across the West, thousands of oil and gas wells sit idle on federal lands, and many are orphaned with the companies that drilled them now defunct. These orphaned wells can pose environmental and safety hazards, but, as critics note, the Bureau of Land Management does not have a good way of tracking
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