Business/economics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
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.
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The technologies born out of innovative ideas have been critical for advancing deepwater assets in the past, and venture-capital investment helps incubate risk-taking companies developing those technologies. With digitization becoming a greater focus in industry, what role will venture capital play?
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Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."
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An EIA report shows natural gas exports reaching 4.6 Bcf/D in February, the 13th consecutive month in which the country's natural gas exports exceeded its imports. Exports are projected to reach 7.5 Bcf/D by 2020.
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A merger with KeyW and the completion of the sale of its energy and chemical segment to WorleyParsons align with the service company’s decision to focus on its higher-growth, higher-margin lines of business.
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The Offshore Technology Conference selected 15 new technologies for its 2019 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and companies to showcase the latest advances in offshore exploration and production.
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This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments.
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These most recent deals bring the services company's divestiture total to $1 billion over the past 1 1/2 years.
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Equinor increases its stake in the Njord redevelopment project as part of the agreement, while Faroe gains Equinor's stakes in four Norwegian Sea and North Sea fields.
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Opponents of Colorado’s New Oil and Gas Regulation Law Won’t Try To Repeal It—at Least Not This YearOpponents had planned to ask voters in November 2019 to repeal and replace the law, but the Colorado secretary of state's office has rejected four versions of their proposed ballot initiative.
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The deal will bolster Arabian Drilling Company’s fleet to 67 rigs across the Middle East and North Africa.