CAPEX

This paper describes a solutions hub that integrates engineering tools to maximize value and improve decision quality using recent digital technologies.

An International Energy Forum report says oil and gas upstream capital expenditures increased to their highest level since 2014 but more is needed.

Both companies are set to increase their investment in the Permian Basin in the new year.

For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.

Where does employment in the oil and gas industry stand today? It remains far from the peak seen in 2014, but it is incrementally recovering. Will it grow, and how?

The Mexican state oil company’s increased spending plan is designed to turn around flagging oil production.

Brazil’s national oil company estimated a reduction of 22 to 38% in capital expenditures in E&P from its 2020–2024 strategic plan and expects to spend $6 billion through 2024 to decommission offshore platforms and wells and underwater gas pipelines.

ExxonMobil and Halliburton made additional cuts in spending and personnel.

Sandvik and SNC-Lavalin made similar announcements in late March and would take further action if necessary.