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.
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The JIPs managed by DNV GL and Berenschot focused on 3D-printed-component certification and supply chain set-up.
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US shale operators are cutting deeper, with some eliminating drilling and completions activity altogether.
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Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.
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The world’s second-largest service firm has seen its share price tumble by 75% as a result of the COVID-19 pandemic and a brutal price war. Workers at Halliburton’s main campus are among the first to feel the impacts.
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Oil prices got bad fast, so when will they get better? Don’t bet on a quick recovery.
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The company plans to split when the markets recover.
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TechnipFMC will utilize its service base and umbilical factory in Angola for the EPCI contract.
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SponsoredDeveloping a reservoir with current capex constraints requires innovative technology to provide reliable reservoir production insight. This article describes how chemical tracer technologies can be integrated into reservoir development plans to reduce risk, minimize capex, and maximize ROI.
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More than 200 companies could become insolvent in the UK and Norway. This number may be larger when including the rest of Europe.
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In its first response to the Russia-Saudi Arabia price war, the US government will purchase up to 78 million bbl of crude to protect domestic producers.