Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin. -
By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.
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The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
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SponsoredWith many countries pledging to meet net zero targets, companies can seize the opportunity to become leaders in sustainable energy to support those net zero plans.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform.
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The UK-based supermajor is taking over Nature Energy, a company that specializes in turning manure and food waste into “CO2-neutral” natural gas.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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High prices have predictably led to production booms that end in busts. But in this cycle, the focus has shifted from production growth to cash flow growth.
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The collaboration seeks to jointly develop onshore LNG modules with capacities between 1 and 2 mtpa.
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The Permian Basin operator said the purchase ‘checks all the boxes’ it looks for in an acquisition.
