Asset Management
An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
The multiyear contract with YPF includes electric pumping units and automated stimulation services.
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The Research Council of Norway’s $118,000 grant will support development of longer fishbone laterals to raise production while lowering carbon footprints. -
With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
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The Scarborough energy project is targeting first LNG cargo in 2026.
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Deepwater US Gulf field is now pumping hydrocarbons back to the Appomattox platform.
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The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
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The work covers integrated well construction services for the Búzios field off Brazil.
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Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
