Management
Australian E&P rivals will merge to form a $16-billion producer with diverse asset set weighted toward natural gas and LNG.
The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.
The divestments leave PDVSA as sole shareholder of the onshore Petrocedeño project in the Orinoco Belt.
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Major makes another discovery in Stabroek block, comes away empty in Canje -
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.
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Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Schlumberger beat Wall Street expectations in its second quarter and is seeing positive signals in its international growth prospects.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
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The FBI also released a security advisory and details regarding 23 attacks on oil and gas companies from December 2011 to 2013.
