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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Finds could lead to Turkey becoming an exporter of natural gas -
Three-well plus two options campaign could add material gas reserves
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Forecasts for oil demand are looking up. Will the optimistic views prove to be on target? We have learned how the market can shift or wildly careen, both historically and in the very recent past. The outlooks, which reflect a consensus of sorts, is encouraging for producers.
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In his final column as SPE President, Tom Blasingame reminds members to never forget the enormous responsibility they bear in providing the global community with one of its most essential commodities. He calls for increased efforts to engage and contribute to our industry and to SPE to pave the way to sustainable and renewable energy.
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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Royal duo could add over 130 million bbl of reserves
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The move is part of a larger reset, cutting the operator’s international exposure
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Major makes another discovery in Stabroek block, comes away empty in Canje
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Additive manufacturing can alleviate and avoid long, expensive production shutdowns and reduce supply chain carbon footprints. Key to unlocking this potential is building trust in “printed” parts.
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Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
