Asset Management
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
The transition away from materials that contain per- and polyfluoroalkyl substances (PFAS), co-called forever chemicals, creates an opportunity to preserve historical information. Information that appears to have little operational value today may later become important when organizations need to evaluate past PFAS use. Once that information is lost, recreating it may…
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
-
The contract is for Equinor’s unmanned process platform at the Krafla field in the North Sea, with plans for tie-in to an Aker BP host platform in the North of Alvheim area.
-
The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets.
-
Saudi energy minister warns speculators not to bet against the OPEC+ alliance.
-
Personnel are returning to platforms in the Gulf of Mexico after Hurricane Sally was downgraded to a tropical depression late Wednesday, but the threat of another major hurricane remains as a tropical storm may form in the Gulf of Mexico today.
-
Seadrill is seeking options to restructure its $7.3-billion debt. The offshore driller previously emerged from Chapter 11 bankruptcy protection in 2018.
-
The tech giant and supermajor have been working on cloud solutions already, but in a new agreement, they will combine their talents to create new technologies for oil and gas as well as energy consumers.
-
A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration.
-
This year’s outlook contains scenarios that suggest peak demand has already arrived because of a global pandemic and an accelerating energy transition.
-
A former chief operating officer at Exterran Corp. will take the helm of the Houston-based oilfield services company in October.
-
Although OFS employment is at its lowest point since March 2017, job losses slowed in August as companies start to recover.