Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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Even though the market seemingly expected a 400,000 B/D increase from the oil exporting group, crude prices took a bit of a tumble. -
Already the largest producer in the gas-rich play, Southwestern has bolstered its status with the acquisition of the third-largest producer.
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For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
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Shell’s sibling solutions for its Vito and Whale deepwater US Gulf developments are proving the “design one, build two” model can work.
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Where does employment in the oil and gas industry stand today? It remains far from the peak seen in 2014, but it is incrementally recovering. Will it grow, and how?
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There is a general feeling that we may finally be getting out of the pandemic situation, after 18 months of a complete transformation of the way we work, communicate, and move.
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FPSO Sepetiba will be deployed at Petrobras’ Mero field in the Santos basin offshore Brazil.
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Cabaça North will increase and sustain the plateau of the FPSO Armada Olombendo.
