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As part of the $11-million deal, Kongsberg will establish a dynamic virtual representation of the plant, which serves as a gas processing and export hub for the Shell-operated Ormen Lange in the Norwegian North Sea.

YPF’s data analytics experts are eagerly seeking partnerships with oilfield operations experts who can help blend elegant data analysis with the messy reality of oil production.

The US Forest Service, which is working with FERC to prepare the review of the export terminal off the Oregon coast, said it only recently received critical information needed to complete amendments to its land and resource management plans. First gas is scheduled for 2025.

Heavy deal-making since 2015 by the two majors has resulted in very different upstream portfolios.

E&P professionals focus on sustainability at Society of Petroleum Engineers annual event

The SPE Annual Technology Conference and Exhibition is fast becoming one of the essential venues for the energy industry’s growing array of startups. All startups awarded a cash prize this year for the viability of their offering call Alberta home.

As Oxy looks to divest billions in assets and focus more on its prime US shale fields, it sheds itself of the ISND and ISSD fields off the eastern coast of Doha. In announcing the lease loss last year, Oxy said the fields need significant infrastructural investment.

Santos Energy said its second and final flow test from the Dorado field suggests potential flow rates of around 30,000 B/D from each Caley reservoir production well.

The round included a near-$1 billion signature bonus on a Campos Basin block awarded to a Total-led consortium.

After a planned acquisition of Goodnight fell through, private equity firm Tailwater Capital is boosting its total investment in the water midstream company to more than $500 million. Goodnight recently signed five long-term contracts with producers in the Delaware Basin and the Bakken.