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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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance. -
Contractor, operators will work to bring thermoplastic composite pipe (TCP) flowline and riser technology to market.
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The contracts will cover concept and other project engineering services for at least the next 5 years.
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The three service operations vessels are committed under a long-term contract at the Dogger Bank wind farm offshore UK.
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China will launch renewables-to-hydrogen projects in Inner Mongolia this autumn intended to transform the coal-bearing region into a renewables hub.
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Guyana boasts some of the world's most economic offshore fields. Now it must navigate how to produce them in a world that is asking for oil producers to pull back.
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The contractor was tapped by Chevron Australia and Aker Solutions to provide power from shore to the Jansz-Io field offshore Australia.
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The megadeal will make Woodside a Top 10 independent global oil and gas producer with annual volumes of approximately 200 million BOE.
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A trio of service companies will serve as proposed “stalking horse” bidders in the court-supervised sale process, which will be facilitated through Chapter 11 filing.
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Pair look to commercialize autonomous subsea production system for rare earth elements located on the ocean floor off Norway and internationally.
