Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
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Oil major boosts its initial offer for transmission assets. -
Saudi Arabia will keep its voluntary 1 million-barrel cut intact while Russia allowed a small production increase.
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New Testing Facility Built To Prove Whether Natural-Gas Foam Is Shale Sector's Next Fracturing FluidA 6-year R&D project concludes with the completion of a technology kit designed to study how combining highly pressurized natural gas and water could be a holistic alternative to traditional hydraulic fracturing.
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ConocoPhillips, Pioneer view Exxon, Chevron as prime movers to bring investment back into the play.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.
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Oil boss tells CERAWeek attendees a healthy oil industry will push green energy investment.
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The US government is looking at the contractor’s books over possible sanctions violations.
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Will the oil fields of today become the hydrogen fields of tomorrow? Calgary-based Proton Technologies says this is possible and hopes to prove it soon after inking multiple licensing deals with other oil and gas companies.
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The drilling program is the first exploration well to be drilled in production license 785 S.
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The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
