Management
With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
Wafik Beydoun will receive the 2026 Individual Distinguished Award, and Brava Energia will receive the 2026 Institutional Award.
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The umbilicals will be designed and manufactured at Aker Solutions’ facility in Alabama. -
Several companies have provided updates on their North American LNG projects, including Pembina, LNG Canada, and Sempra. The outlooks vary from plans to move ahead to others seeking money to stay afloat.
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The international major has lowered its output forecast in the world’s most prolific unconventional basin by 20%.
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Gas demand is expected to grow by just 2 Bcm in 2020, down from previous expectations of 6 Bcm. The Netherlands, UK, Germany, and Spain are expected to see the biggest impact.
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As the fallout deepens from the coronavirus pandemic and the global collapse in oil and gas prices, oil- and gas-producing regions around the world are feeling the pain.
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Leaders of Rystad Energy went online recently to talk about the effects of the coronavirus pandemic on the oil and gas industry, and the prognosis isn’t good.
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Revised estimates of project sanctioning total $61 billion in 2020, which is down from $192 billion forecast in 2019.
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The notion that the state of Texas could help oil producers by limiting production at a time when the market is glutted has a real history in Texas, but an iffy future.
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US shale operators are cutting deeper, with some eliminating drilling and completions activity altogether.
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The JIPs managed by DNV GL and Berenschot focused on 3D-printed-component certification and supply chain set-up.
