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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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
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A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
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Pair look to commercialize autonomous subsea production system for rare earth elements located on the ocean floor off Norway and internationally.
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Service company was previously awarded a similar scope of work related to Shell's Vito project in the US Gulf.
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Just as US natural gas prices reach multiyear highs, Chesapeake Energy moves to become this region's largest producer.
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Scientists from around the world have declared definitively and in unison that global warming is real and that it has been unequivocally caused by human activity. The next move, they said, is up to the world’s leaders.
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Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.
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Much has been written on the upcoming supply crunch in the investor-friendly offshore wind installation market, but what are the challenges facing contractors looking to capitalize on this growth and optimize any potential investment in new assets?
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While CCS and CCUS become more ensconced in oil and gas energy-transition strategy, one major project has fallen short of targets. Infrared sensor technology could fill a crucial gap in halting methane leaks. And a geothermal startup gets a big vote of confidence from industry and celebrities.
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Delivering clear and consistent communication is a core component of crisis-response management. The complete paper describes an oilfield service company’s crisis-communication strategy implemented in response to a hurricane devastation of an area where more than 12,000 employees live and work.