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.
-
Because offshore project lead times are longer than in shale, production is likely to come on line in 2–5 years when oil prices may be higher. But the number of FPSOs to be sanctioned this year may be cut by half. -
The shale industry could shoulder 65% of $100-billion 2020 global E&P spending cut. Can oilfield services providers afford to cut their fees further to prop up hard-hit operators?
-
When considering the energy markets and climate risks, the debate around the energy transition has shifted from when it will happen to what it will look like.
-
SponsoredA US operator is using Actenum’s DSO/Upstream scheduling software to improve drilling program efficiency, adding $510,000 to annual earnings.
-
The prescribed treatment for market- and virus-induced oil price collapse is to quickly slow production growth. Two US shale companies moved swiftly to cut the pace of drilling and completions, but it is too soon to know if that will have any impact.
-
Sandvik said it received the first large-scale stainless steel umbilical tube order for Mero. The tubes will be encapsulated by Prysmian Group.
-
The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million.
-
Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.
-
Because the greenfield can use existing infrastructure, the Norwegian operator says it will count as a low-carbon development.
-
The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.
