Business/economics
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
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Houston-based Occidental had earmarked the money to ease debt from buying Anadarko. -
The recent increase in global liquid fuel inventory has been largely driven by travel restrictions, and reduced economic activity. Supply is expected come back down as demand and prices recover.
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Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.
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Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
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Two intelligence groups share similar views on how the fallout from the COVID-19 pandemic has impacted OFS companies’ valuations and operations.
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The two companies worked together in 2019 to improve execution techniques where Petrofac digitalized maintenance and inspection activity.
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Alan Nelson is not only the new chief technology officer at ADNOC, he is the company’s first person to hold the title at the integrated oil company.
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As the oil industry faces bankruptcies and shutdowns, a new analysis uncovers low inspection rates and almost no financial penalties—with a handful of exceptions.
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Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea.
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FPSO sanctioning is at a minimum and few opportunities remain for FPSO suppliers to find new work and redeploy their vessels. Suppliers may be forced to accept day rate reductions in order to keep their vessels working.
