Management
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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McDermott’s board of directors rejected an acquisition offer from Subsea 7, which called for McDermott to abandon its planned $6-billion combination with CB&I. McDermott’s special meeting of stockholders, which was scheduled earlier to address the CB&I deal, will be held on 2 May.
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Scheduled for 2020 startups, the Alligin and Vorlich Fields are expected to produce 30,000 gross BOE/D.
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Oil prices have recovered somewhat and operators are making money again. So why haven’t the service companies been invited to the party?
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An agreement with DF Barnes is expected to provide financial security for the Scottish fabrication company, which had been on the verge of closure.
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Why do 80% of megaprojects in the oil industry fail? A recently published book reaches a counterintuitive conclusion on the leadership traits required to run complex projects successfully.
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As it works to increase production to 1 million BOE/D, Permian mainstay Pioneer is taking a methodical approach to sustaining capital efficiency.
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US oil production is getting lighter and gas production is spreading as unconventional formations feed export growth.
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The world is digitalizing all around us. Within the energy sector, the lower-price environment since 2014 has increased the pace of change and the scope of digital integration. But, are you bringing your people strategy along?
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Abu Dhabi will conduct its first-ever competitive tender for international partners to explore and develop oil and gas blocks onshore and offshore.
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The United States is producing a growing share of the world’s oil and gas, with a potential impact that remains uncertain. But continuing infrastructure development and technology advances will be critical in the long term.