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.
-
Operator sites Covid-19 related issues for delayed work on massive land parcel. -
The Great Crew Change is all but over, Gen Xers are now managing Baby Boomers, and the oil and gas industry is morphing into the energy industry. Is this the end of an era or a new start for petroleum engineering education?
-
Project is part of BP’s plan to grow GOM production to 400,000 B/D by mid-decade.
-
Exploration test could yield as much as 200+ million BOE.
-
The Netherlands will end gas production from giant field discovered in 1959.
-
Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
-
Operator will not participate in Sea Lion project in the Falkland Islands.
-
The pressure pumping business has been looking up this year, but the price paid to buy a big player in that business, FTS International, suggests growth may not last.
-
The new pledge from the world's largest oil producer comes just days before the 26th United Nations Climate Change Conference is set to meet in Glasgow, Scotland, to discuss new climate targets and initiatives.
-
BP boss is joined by ADNOC chief and India's oil minister in urging increased investment in everything from storage to fuel diversification.
