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This well-established oilfield consultancy explains why 2020 might be a big year for the unconventional sector.

Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman.

Baker Hughes, a GE company, agreed to provide services and equipment for Twinza’s Pasca A field development, Papua New Guinea’s first offshore gas field.

Industry interest in US Gulf of Mexico acreage declined in the number of bids and the dollars offered at the latest federal lease sale, compared with the prior sale. But there was still some confidence shown in higher risk prospects.

The Oil & Gas Reserves Committee is seeking review by 14 November 2017.

WiSub will lead a consortium with Statoil, Kongsberg, Saab, and other companies and universities to develop a standardized interface for AUV docking with subsea structures, as well as bi-directional power transfer to help charge sensor networks.

This new deal marks the second major acquisition of an offshore drilling company since the onset of the industry downturn.

Driven by a recovery in well completions and increased proppant loading per well, the market for raw fracturing sand is expected to grow by more than 4% annually through 2021, an industry research study says.

It’s not just my opinion that the oil industry is significantly harder on women than most other industries; studies prove it. Development of people should be an accountable metric for all business leaders. Visible metrics and accountable leaders can change the face, literally, of our industry.

Consensus is growing around the idea that oil prices will fluctuate in the $45–60 bbl range, both in the short term and perhaps even for the long term.