Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
Effective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
-
The deal would raise nearly $4 billion for GE, which plans to reduce its stake in the oilfield services company from 62.5% to at least 50.1% after the transactions. It had previously announced in June its intention to sell its stake over a 2- to 3-year period. -
The Abu Dhabi government approved a $132.3-billion capital expenditure increase that will fund, among other things, a plan that could enable the country to sustain LNG production through 2040.
-
A decision by the US District Court in Montana deals a blow to the TransCanada project, which is designed to transport heavy crude from Alberta to Nebraska.
-
The deal gives Equinor exploration parcels in the prolific Jeanne d’Arc Basin, near its existing discoveries offshore Newfoundland and Labrador.
-
Colorado voters soundly defeated a measure 6 November that would have restricted the vast majority of new development in the country’s fifth largest oil-producing state. The outcome was a big relief for the oil and gas industry, but its existential fight in the state hasn’t ended.
-
Israel is launching a new offshore bid round for gas-bearing blocks in the Eastern Mediterranean.
-
With big shale mergers dominating the headlines, some of the industry’s most influential financial players gathered to discuss what’s driving the shift in operational and fiscal priorities.
-
Slow uptake of innovation and new technology is an oft-repeated criticism of the oil and gas industry.
-
Petroleum industry professionals’ reported average compensation in 2018 shows an increase from this past year but is still lower than salaries before the oil price downturn that began in 2014.
-
The SPE Liquids-Rich Basin Conference in Midland, Texas, merged topics that have dominated recent industry discussions: technologies centered on big data, interwell communication, and Permian Basin production.
