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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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020. -
Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.
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Trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of newsmakers is a sampler of some recent announcements.
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It has been a busy month so far for the oil and gas industry’s venture capital groups. Find out which operators are making moves and which technology developers are turning heads in this latest roundup.
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Total’s $5.1-billion Lake Albert development with CNOOC brings Uganda into the club of oil-producing nations while it positions the French major as the dominant player in African oil and gas.
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The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.
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Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future.
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The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon.
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The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency.
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Duo launches center of excellence aimed at promoting and expanding nonmetallic materials’ role in construction.
