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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The state-run offshore company has found a gas and condensate field that holds an estimated 250 million BOE.
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The new deal covers production deck manifolds and subsea pipelines for Zuluf and Berri, two large fields undergoing expansion projects.
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The national oil company’s aim to lift oil and gas production and reserves over the next few years will rely on growth from big international projects, including those in Nigeria, Guyana, and the US.
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McDermott will provide EPC, hookup, and commissioning of the Cassia C topsides, a jacket, and a bridge to link Cassia C with the existing Cassia B platform.
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Industry confidence is on the rise, and so is capital spending, according to DNV’s 2019 annual outlook.
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Many leaders of petroleum engineering schools from around the world have never met but SPE’s technical director for academia would like to change that.
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A new report predicts that US output will rise to a new record high of 12.1 million B/D in 2020.
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Unconventional development has made it clear to Erdal Ozkan that conventional theory overlooks a lot of potentially productive rock. He talks about looking for ways to do better as part of JPT’s tech director report.
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2019’s class of offshore projects show a wide range of potential sanctioning outcomes.
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In need of an exploration boost, Norway doled out a record 83 production licenses in mature areas of the Norwegian Continental Shelf to 33 firms.