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.
-
Annual report says that governments have the greatest capacity and responsibility to shape the energy future. -
Occidental Petroleum has closed on deals totaling $1.7 billion as part of its divestment program following its $38-billion takeover of Anadarko Petroleum.
-
The long-struggling shale operator’s share price on 12 November closed at 67¢/share, a 25-year low.
-
The deal, first announced in May, gives the Delek subsidiary 10 additional producing field interests in the UK North Sea, boosting its 2019 production by 300%.
-
Chinese firms stepped in for the majors in Brazil’s two underwhelming offshore auctions.
-
Spain’s Repsol will assume 100% interest in and operatorship of the joint venture as Equinor leaves the 9-year partnership.
-
Just three firms submitted bids in an auction many are deeming as a disappointment for Brazil.
-
The 2019 World Oil Outlook projects tight-oil supplies to rise to at least 75% of total US production before retreating.
-
Lower oil prices, increased operator focus on capital discipline, and diminishing access to capital are choking off once-soaring US oil production growth.
-
The US major has had a stake in the field since it started production in 1997. It produced 584,000 B/D of oil last year.
