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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At a time when the world is dealing with the COVID-19 virus, it is a safe assumption that we are frequently thinking about our health. This selection of technical papers highlights the topic as addressed at the 2020 SPE Virtual International Conference on Health, Safety, Environment, and Sustainability.
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Over the course of 2 days, top energy and non-energy executives join OTC Board members to dissect and discuss future and current challenges facing an industry in the beginnings of substantial change.
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The combined company will have a strengthened position in the Permian Basin, and plans to operate 17 hydraulic fracturing fleets in the region.
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The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
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Australian E&P rivals will merge to form a $16-billion producer with diverse asset set weighted toward natural gas and LNG.
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The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.
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The divestments leave PDVSA as sole shareholder of the onshore Petrocedeño project in the Orinoco Belt.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
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The authors describe and assess the World Economic Forum’s initiative to develop human capital for the oil and gas industry at Satbayev University in Kazakhstan.
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New reserves will likely be developed via subsea tieback