Business/economics
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe. -
The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them.
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Among the biggest questions for crude markets today is where Russia’s export volumes are headed and to whom.
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Russian producer takes over program left by bankrupt Fieldwood Energy.
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Brazilian state oil company looks to divest interests in the GOM.
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What may have been a sense of uneasy security in countries around the world that relied on imported oil and gas has been shaken off. Russia’s invasion of Ukraine, and its role in supplying natural gas to the EU, highlights just how quickly the sourcing of fuel can or must change.
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Brazilian state oil company will focus E&P efforts in deepwater.
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Shallow water assets sold include interests in four leases
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Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…
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Formerly Delek Drilling, NewMed interested in Moroccan Mediterranean.
