Asset Management
Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year. -
The Offshore Technology Conference has announced the recipients of the 2024 Distinguished Achievement Awards.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
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The former company CFO has been acting as interim CEO since September 2023.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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Solar and natural gas surged last year in the US, while wind stumbled.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
