Asset Management
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deepwater infill project is Esso Nigeria's first drilling campaign in a decade and is expected to boost Usan's production by up to 40,000 B/D.
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Sandvik said it received the first large-scale stainless steel umbilical tube order for Mero. The tubes will be encapsulated by Prysmian Group. -
The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million.
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Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.
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Because the greenfield can use existing infrastructure, the Norwegian operator says it will count as a low-carbon development.
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The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.
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Digital advances allow computers to do many of the tedious tasks once done by engineers, which frees them to focus on more interesting tasks.
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Artificial intelligence can do some things faster and better than humans can. But that may allow engineers to focus on higher-value tasks.
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The first interdisciplinary oil and gas conference to be held in Saudi Arabia, the 12th International Petroleum Technology Conference, was the largest in its history in attendance. This features highlights of the panel and technical sessions, and an interview with Saudi Aramco CEO Amin Nasser.
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Hon-Chung Lau, professor of petroleum engineering at the National University of Singapore, offered a short guide to a successful career in petroleum engineering at the 2019 SPE Annual Technical Conference and Exhibition.
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On the edge of the Arabian Desert, a megaproject located above the Arctic Circle was given the IPTC Excellence in Project Integration Award.
