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.
-
Described as Brazil’s first-ever integrated SPS and SURF project, the development will include 19 wells, approximately 130 km of rigid risers and flowlines, and 35 km of umbilicals. -
The company's industrial services business provides integrity and fabric maintenance for assets in the offshore oil and gas, process energy, marine, and infrastructure sectors across the UK and Ireland.
-
The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.
-
Oil Plus Ltd has been awarded contracts in excess of $5 million as it enters 2020.
-
Alta Mesa Resources is not the biggest shale startup to go bankrupt, but was its early death rooted in petroleum engineering or financial engineering?
-
Artificial intelligence and emerging technologies such as virtual personal assistants and chatbots are rapidly making headway into the workplace. Research and advisory company Gartner predicts that, by 2024, these technologies will replace almost 69% of the manager’s workload.
-
One of my focus areas as SPE President is strengthening the feedstock of incoming talent into our industry.
-
Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term.
-
After 4-1/2 years out of service, the massive Wafra oil field in the Saudi-Kuwaiti Onshore Partitioned Neutral Zone, is set to resume production sometime soon and ensuring a smooth restart is no small order.
-
While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050.
