Asset Management
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
With confidence in subsea boosting performance growing, BP is incorporating pumping systems into both greenfield developments and brownfield expansions.
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The rural Weld County projects total almost 100 new wells in the Wattenberg.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.
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ADNOC Drilling and ADNOC Logistics & Services have won the newest round of contracts to develop the mega sour-gas project that will expand the UAE’s production of LNG.
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ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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The discoveries bring the total number of its finds offshore Guyana to more than 25.
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ExxonMobil LNG Asia Pacific will purchase 1.0 mtpa from Rio Grande LNG plant over a 20-year period.
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Schlumberger, Subsea 7 alliance will supply and install a subsea boosting system in GOM field.
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Second-quarter earnings for the three biggest oilfield service companies arrived with some new takes on where the market is headed.
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First production from the UK North Sea gas field is expected in the second half of 2025.