Asset Management
The deal includes Waygate’s inspection portfolios and is expected to close later this year.
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.
-
With a successful pilot under its belt, Thailand's national oil company is planning a bigger production unit. -
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.
-
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.
-
The Scarborough energy project is targeting first LNG cargo in 2026.
-
Deepwater US Gulf field is now pumping hydrocarbons back to the Appomattox platform.
-
The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
-
The largest project to date will add a capacity of 250,000 B/D starting in 2025.
-
The work covers integrated well construction services for the Búzios field off Brazil.
-
Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
