Asset Management
The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
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DCN Diving has received a contract from Dana Petroleum to execute work offshore the Netherlands. Under the terms of the deal, DCN will perform the fabrication, installation, and precommissioning of various tie-in spools and a flanged connector for Dana’s DP-012 gas export pipeline.
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DCN will execute fabrication, installation, and precommissioning of various components for a gas export pipeline from two platforms in the Dutch North Sea.
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The struggle to overcome the challenge of frac hits has led to a critical dialogue about which pathway the shale sector should take. One idea is to simply put the problem at the center of every major decision.
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Culture, not controls, will drive the next phase of industry safety evolution, said presenters at a recent HSE conference.
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One of last year’s big stories in the industry was consolidation among several of the larger upstream operators. But deal activity has fallen off in recent months. Will things remain this quiet during the somewhat uncertain year ahead?
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A new report expects US producers to drill their highest number of wells since 2014, and that completion activity may exceed drilling for the first time since 2016.
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Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
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Adjusting to a new environment is part of the modern world of working. To sustain and build trust and harness personal and professional integrity, soft skills are vital.
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Late December/early January is the time of year when industry outlooks are announced, revealing company spending plans, oil price predictions, and potential stumbling blocks.
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Exxon Mobil is reorganizing and creating three new upstream companies and a global projects company.