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The report card for unconventional oil and gas producers from a leading industry analyst is A+ for growth and F- for paying back investors.
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The company behind the world’s most popular search engine is trying to click with the upstream business at the most distinguished technical event of the year.
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As part of its IntelligentEngine project, researchers from Rolls-Royce have announced their plans to develop snake- and insect-swarm-inspired robots that will crawl inside engines to carry out inspections and perform maintenance. The snake-like robot could access an engine in the manner of an endoscope and then deliver a swarm of miniature robots (around 10mm in diame…
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The head of US regulatory commission said that it has been working on "streamlining" the application process this year, and that details of a revised process should be available soon.
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Kreuz Subsea named Thomas Liew as the company’s CFO. Liew has more than 20 years’ experience in senior financial positions, leading multi-entity organizations in the Asia Pacific region. He previously served as vice president of finance at Alstom Grid, where he was the CFO for Alstom’s EPC business in the Asia Pacific region. Before that, he held key finance and strat…
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Pipeline bottlenecks have created a wide gap in the price of gas at a key pipeline hub in the Permian compared to the US benchmark level.
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Venture groups spend their time evaluating hundreds of companies each year to only make a handful of investments. These two cover interesting ends of the upstream spectrum: aerial drones and downhole artificial lift.
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Mozambique Rovuma Venture submitted the development plan for the first phase of the project, which will produce, liquefy, and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. An FID is scheduled next year, with production expected to begin in 2024.
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The offshore export terminal, capable of accommodating very large crude carriers, could provide access to international markets in Asia and Europe—and higher prices—for Permian, Cushing, and Eagle Ford crude oil.
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These balls have the potential to alter how pipeline inspections are done, and a consortium of pipeline operators and industry experts in North Dakota is examining just how well this emerging technology can handle the small-diameter pipelines in the area.
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BHGE will sell the division, acquired by GE in 2011 when it bought Dresser, to a private equity investment firm, and a provider of products and services for the distribution and usage of natural gas in Italy. The combined value of the two deals is $375 million.
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A weekly quiz from JPT editors drawing from facts in JPT stories and other energy related news of the week.
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