Asset Management
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
The deal adds 40,000 B/D of production and epands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
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Following 2 years of setbacks, the deal to shift the US supermajor’s assets to a local operator has finally closed. -
Driller expects $370 million, all-stock transaction to close in early 2025.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.
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Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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The SPE Europe Energy GeoHackathon aims at educating and disseminating knowledge to all the participants on how data science applications can support geothermal energy developments and drive the energy transition. Boot camps begin 21 October.
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Canadian Natural Resources strengthens its position as a leading oil and gas producer in Canada.
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By adding this latest EPCI contract for pipelines and cables to earlier awards, McDermott is now responsible for all offshore infrastructure associated with Qatar's massive North Field Expansion.
