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Despite reports to the contrary, Permian well productivity remains healthy, with average new production per well in the basin matching all-time highs, Rystad says. And the majors are now a main catalyst.

The subsea tieback is expected to start up in 2021. This is Shell’s second major development on a tieback in the US Gulf of Mexico, following Kaikias’ startup in May.

The strategy supports the Maximise Economic Recovery from UK Oil & Gas Strategy and Vision 2035, whose goal is to achieve £140 billion additional gross revenue from UKCS production by that time.

In a filing with the US FERC, Plains All American Pipeline said it would begin charging shippers an additional fee on its Cactus II pipeline to offset higher construction costs incurred in the wake of US steel tariffs.

ForeSite users will be able to create and visualize customized data reports or select from a series of built-in visualization dashboards and reports that monitor key performance indicators and identify production optimization opportunities.

The greenfield data center will be located adjacent to Gore Hill Data Center, an existing data center in Keppel DC REIT's portfolio.

Approximately $200 billion in projects worldwide are racing to be approved over the next 2 years. The race is not just to make FIDs on projects, but also to enter FEED work to lock in contractors before others do.

The Neptune-operated project is on track to start drilling later this year, with first oil scheduled for the end of 2020. The Norwegian North Sea field is expected to produce 30,000 BOE/D at its peak.

A critical support role within the upstream sector is played by the thousands who work in HSE and sustainability. The HSE performance of the industry has improved dramatically over the decades because of technological advances and a greater understanding of systems, processes, and human performance.

A comeback in offshore and international exploration and production is making up for the North American slowdown, but it is a difficult transition.