Management
The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
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.
-
As part of a deal that could net up to $3 billion, GE will lose majority control of Baker Hughes just two years after it acquired the oilfield service company. -
Still recovering from the oil price downturn, oilfield service companies are facing more headwinds.
-
ExxonMobil confirmed an exclusivity agreement with Var Energi for negotiations of a sale that could reach $4 billion, according to Reuters. If it goes through, the deal would make Var Energi the second-largest producer on the Norwegian Continental Shelf.
-
In his first public appearance, Schlumberger’s new CEO said the company would focus on digitalization and restructure some operations.
-
Apache has announced the extension of life-of-field contracts between its North Sea subsidiaries and PD&MS Group, Global E&C, and Wood Commissioning Services. The extensions cover the provision of ad-hoc design, engineering, procurement, construction, and commissioning services across the Beryl and Forties fields. Apache, which has been working with the companies sinc…
-
The move to split oversight of Aramco from the Energy Ministry ends decades of tradition but is designed to avoid conflicts of interest ahead of what could be the largest IPO in history.
-
Recent exploration success in the North Sea has motivated Total to invest some $10 billion in the basin over the next 5 years.
-
With Norwegian authorities giving the go-ahead for startup, oil shipments from the massive Equinor-operated North Sea field could begin as soon as October, one month ahead of schedule.
-
Technology is an enabler. But why do some technologies get deployed while other seemingly superior technologies struggle to get traction?
-
Colombia is walking a thin line between becoming another fading petroleum province and Latin America’s next big success story. Its aces in the hole: unleashing its nascent offshore and unconventional sectors.
