Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly. -
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.
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Woodside and BHP make final investment decision on $12 billion offshore development and additional LNG train in Australia. The approval on Monday came at the same time the operators signed an agreement to merge BHP’s petroleum unit into Woodside, originally announced in August.
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The Abu Dhabi National Oil Company took four of the nine awards presented at the 2021 Abu Dhabi International Petroleum Exhibition and Conference.
