Asset Management
As 50-50 joint venture partners in Arrow Energy, the operator of the Surat Gas Project, Shell and PetroChina will share the AUD 713 million (USD 501 million) cost of Phase 3.
The ultrasonic wellbore imaging firm is being taken over by Blackstone, the world's largest alternative asset manager.
New geothermal technical content and programming will highlight knowledge transfer among oil and gas and geothermal professionals.
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The largest natural gas field in the rising Eastern Mediterranean region is now flowing after being discovered a decade ago. -
The depth of the world’s offshore projects has steadily increased over the past 30 years—and so has its production base. The growth trend will continue thanks to new fields offshore Brazil, Guyana, and the US.
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The most read stories reflect interest in the digital transformation, the energy transition, and shale operations.
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First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.
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The startup of the deepwater field marks the beginning of production from the massive Stabroek Block, which contains an estimated 6 billion BOE. ExxonMobil estimates that at least 5 FPSOs will be producing more than 750,000 BOPD from the Stabroek Block by 2025.
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Chevron has awarded Subsea 7 with a “sizeable” contract for subsea installation services at the St. Malo field in the US Gulf of Mexico. The scope of work will include project management, engineering, procurement, construction, and installation of the multiphase pump system at the field. It will also include a 14-mi water injection flowline system and the water inject…
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Devon exits the asset that served as the company’s cornerstone for almost two decades and is known to the world as the birthplace of the shale revolution.
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Reduced investment in US shale will continue to weigh down the global oilfield services market through 2020.
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Total has agreed to acquire interests in two blocks in the offshore Kwanza Basin from Angola’s state-owned Sonangol and has received an extension on its offshore Block 17 production licenses.
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The Australian operator's A-6 offshore development, Myanmar's first ultradeepwater project, will supply gas to the country's domestic market, with some gas from Phase 1 also moving via pipeline to Thailand.
