Asset Management
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
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…
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Ben Van Beurden, CEO of Royal Dutch Shell, said in his 2Q presentation that the Prelude FLNG is one of three projects under construction that, along with nine others recently brought on line, will deliver USD 10 billion in cash flow by 2018. -
The newly formed independent producer will operate assets in UK, the Netherlands, Norway, and Denmark.
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Up to 30% of oil passing through Niger Delta pipelines is stolen. Protecting thousands of miles of pipeline is challenging. Cleaning up the resulting pollution will take decades.
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Crude oil production in the United States is expected to approach 10 million B/D in 2018 and surpass a previous high achieved in 1970, according to the latest US EIA forecast.
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As interest in unconventional resources has grown in Europe, so have concerns about the potential environmental impacts of their development.
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Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin.
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Drilling activity in US shale plays is slowing as operators encounter higher prices for labor, equipment, and services, and lower prices for the oil and gas produced.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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A major offshore discovery led by Talos Energy is the first successful wildcat well drilled by a private company in Mexico in almost 80 years and a milestone for the country’s recently enacted energy reform.
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Untapped offshore gas reservoirs could easily meet all of the country's domestic needs, while the rest could supply regional neighbors.
