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The oil industry’s rush to capitalize on digital change has scrambled relations with service providers big and small, giving the oil companies a greater say in the process.
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New proximity-based safety process watches the drill floor on board the drillship Deepwater Conqueror.
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Profits are up as drilling is down in Canada’s Montney play where a merger this week highlighted the continued drive to increase profits, which are benefitting from rising natural gas prices.
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The gas industry on both sides of the Atlantic is moving to create markets and infrastructure in Europe in anticipation of promoting blue hydrogen, derived from natural gas, as a transition fuel to support EU goals of achieving net-zero emissions by 2050.
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Is it possible to fracture a well using power off the grid? The answer is yes, but sharp electric engineers are required.
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One-time shale champion eliminates $1 billion in annual cash costs and plans to focus 2021 activity on natural gas assets.
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The Norwegian oil company is exiting assets in North Dakota and Montana after a decade of development. A Houston-based private equity producer will take over the shale fields.
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There is little question that carbon capture, storage, and utilization is destined to become one of America’s big growth industries in the years to come.
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The Nord Stream 2 consortium is laying pipe in Danish waters despite US sanctions. A deal is anticipated that will allow the pipeline to be built if Germany defends Ukraine’s interests as a transit state for Russian gas.
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One of the last oil facilities in state waters on the path towards full decommissioning slated to begin in 2022.
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Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned
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After a lot of talk of the transition, BP and Total are making bids to become major wind energy producers in the UK. Meanwhile, NOV said the offshore wind sector is becoming a big business for it too.
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