Business/economics
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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The new partnership will look to stabilize the energy supply chain in an environment of change for the industry.
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A new report finds that, as many nations lost billions in recoverable reserves last year, the smaller footprint may put the industry on course to align with the world's climate targets.
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The Zama field was once considered the ideal result of Mexico's energy reforms that sought to bolster the country's oil and gas output by inviting private companies to participate in the energy sector.
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The deal adds 16 super-spec land rigs to Patterson UTI’s domestic fleet and will result in the sale of Pioneer’s well service business.
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While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.
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Ali Al Jarwan, CEO of Dragon Oil, talked recently about how his company has survived the changes of 2020 and how he expects ATCE to reflect the resilience of companies to these changes.
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As the COVID-19 pandemic subsides in most parts of the world, it is time for our ship to leave port. As we pull up our anchor, we must accept that there are risks out there, but we must get back to the task of exploration and production to improve lives, mitigate poverty, and provide the energy to enable a modern global society.
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For the entities formerly—and, sometimes, still—known as oilfield service companies, the energy transition presents new business challenges and opportunities. How are they managing?
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The recent cyberattack on Colonial Pipeline’s IT system has thrust the issue of oil and gas industry cybersecurity into the spotlight, which, according to specialists in the field, is where it should always be.
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Are you trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of news presents some of the recent announcements. Visit SPE’s HSE Now for more news.