Asset Management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Despite significant progress in capturing associated gas for domestic use, Iraq remains the world’s third-largest gas-flaring country as it aims for higher oil and gas production targets.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
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In this first part of a two-part series, we look at how the artificial-lift sector has adapted to producing unconventional resources. The second part of the series to publish in November will crack open the lift toolbox to take a deeper look at the techniques and technologies under development or new to the market.
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Success at Ofelia sets up another tieback development to the nearby Gjøa platform.
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The company will produce twilight barrels and conduct abandonment work when the field is deemed uncommercial.
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Good news in Block 53 is offset by disappointing results in Block 58.
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The pandemic shrank technical teams across the upstream industry, raising new and important questions about how training and knowledge sharing must evolve.
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President Mnangagwa touts the current probe in the northern part of the country.
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Results from third test well in the Kavango basin are being analyzed by the partners.
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FPSO will feed gas from GTA development to nearby FLNG infrastructure.
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Development duo is expected to add more than 12,000 B/D of oil production at peak.
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Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…