Asset Management
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
A credible custody-transfer record depends on far more than the accuracy of a single meter. It is the product of an integrated measurement chain. While meter performance supports measurement-system integrity, commercial confidence also depends on traceability, governance, and authorization.
-
The third edition of the OTC Asia conference recognized several companies and individuals for technological achievements. -
A pair of Permian pure-play operators are consolidating to form a regional drilling and production powerhouse.
-
The process of finding, developing, and testing new technology can be as complicated as the technology itself—especially at a time when operators have little tolerance for risk.
-
The field marks the first development in Malaysia for the Abu Dhabi-based operator, with first gas expected in 2021.
-
The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.
-
A new report from Oil & Gas UK explains how the UK North Sea is showing signs of life, but warns that new exploration investment will be necessary to avoid another production downturn.
-
The chief upstream strategist of IHS Markit said in a recent presentation that oil exploration must improve its ability to deliver value and better communicate that value to the financial community. New ways of thinking about exploration opportunities are needed.
-
The startup of the 1300-m water depth field is Eni’s fifth new field since 2014 in its West End development offshore Angola.
-
Promotion from a role in field operations to a supervisory position presents its own set of challenges. Although your technical know-how may be topnotch, are you ready to manage people well? These tips point you in the right direction to develop the new skills you’ll need.
-
Statoil’s board of directors proposed to change the name of the company to Equinor as of 16 March. The name change is intended to support the company’s strategy and development as a broad energy company.
