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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The budget ensures continued support of the offshore energy industry’s safe and responsible operations providing for secure and reliable energy production for America’s future. -
Finding the right person for the right job requires a strong organizational approach, and personality traits should play a role in the evaluation of prospective managers.
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OPEC has renewed its effort to prop up global crude prices, but the impact may also drive US production higher.
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The Trump administration has tapped a former Louisiana utility regulator to lead the agency responsible for offshore oil and natural gas drilling safety.
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OTC panelists were excited at the potential of deepwater exploration offshore Mexico and believe that opportunities there could eventually drive a big new wave of activity.
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Companies are rethinking offshore developments and in a very tough market are finding innovative ways of bringing some projects forward.
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The new CEO of Pemex outlined his plan to reverse the state-owned company’s struggling financial and production situation.
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While the current oil prices may not generate the cash flow needed to pay for offshore projects using traditional financial options, private equity may be the best alternative for operators.
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Secretary of the Interior Ryan Zinke praised America’s resource potential and regulatory framework at OTC. He also laid out his plan to review the department and signed two secretarial orders.
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Brazil is embarking on a 3-year round of bid sales offering international oil companies multibillion barrel prospects with better contract terms.
