Asset Management
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
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Union of rival contract drillers will create one of the largest offshore rig companies. -
The 2021–2022 Drillbotics competition will require the contestants to integrate human factors engineering considerations into their automated drilling rigs for the first time.
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Oil production from West Africa has fallen from last year’s depressed levels and will remain down without increased investment.
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Even though the market seemingly expected a 400,000 B/D increase from the oil exporting group, crude prices took a bit of a tumble.
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Already the largest producer in the gas-rich play, Southwestern has bolstered its status with the acquisition of the third-largest producer.
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For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
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Shell’s sibling solutions for its Vito and Whale deepwater US Gulf developments are proving the “design one, build two” model can work.
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Where does employment in the oil and gas industry stand today? It remains far from the peak seen in 2014, but it is incrementally recovering. Will it grow, and how?
