Asset Management
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
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 expands Cenovus’ SAGD footprint with three Alberta assets.
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Producer gets minority interest in two licenses offered in 12th Offshore Round. -
Deal marks state-owned energy company’s entry into Canada’s offshore sector.
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The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly.
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New discovery at Cataback builds confidence in the greater Turbot area.
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For the fourth consecutive year, driver shortage remains the trucking industry’s leading concern. Oil and gas and energy industries face major challenges in the retention and recruitment of drivers for their transportation fleets, especially for petroleum and liquid tankers.
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The London-listed supermajor says the latest project could help it deliver 30% of the UK's goal to reach 5 GW in hydrogen production capacity by 2030.
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Norwegian operator sells its nonoperated stake in the Corrib gas project
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Asset sale includes stakes in the Mariner and Culzean projects in the North Sea.
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An overview of methane emissions and the changes anticipated with the energy transition highlight resources available to SPE members and plans for cross-discipline initiatives.
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Oil-consuming nations announced a big push to drive down oil prices. Next week, it’s OPEC’s turn to respond to that move.
