A new study by Westwood Global Energy Group shows that 11 billion barrels of oil and 36 billion barrels of oil equivalent (boe) gas in 119 discoveries >100 million boe in size made between 2008 and 2016 is currently stalled with no progression towards development.
Silixa, the specialist service company delivering distributed fibre optic monitoring solutions for the world’s most demanding data acquisition challenges, has announced 2019 as a breakthrough year for the firm’s financial and strategic performance.
Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets.
Following the announcement that Chrysaor Holdings and Premier Oil have proposed to merge businesses;
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) have announced a transaction to create a new integrated Canadian oil and natural gas company with an advantaged upstream and downstream portfolio that is expected to provide enhanced free funds flow generation and superior return opportunities for investors.
Hunter Hunt, Chairman and CEO of Hunt Energy, is sitting down for a virtual fireside chat with Cris Eugster, COO of CPS Energy, to discuss the need for investing heavily in emerging technologies in energy at the EPIcenter Global Lecture Series (GLS) on October 21.
One year after the field came on stream digital solutions are key to maintaining high safety standards and value creation in all parts of the operations at Johan Sverdrup. This has increased earnings by more than NOK two billion.
A comprehensive Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has dropped to around $50 per barrel, down around 10% over the last two years, and 35% since 2014.
Following ConocoPhillips’ US$9.7bn acquisition of shale rival Concho Resources;
Offshore investments are expected to rebound from 2021 and oil and gas operators will be looking for yards to build new facilities, with 40% of these contracts expected to be floating production storage and offloading (FPSO) units in the next five years.
Two leading energy industry entrepreneurs have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses.
Reuters Events announces that CEO’s of two of the world’s leading energy service companies, Halliburton and Baker Hughes, will join the speaker faculties for their flagship Energy Transition Summit.
Gas to liquids (GTL) plants can be installed at oil production facilities to capture the associated gas that is otherwise flared off. This approach provides oil producers with an additional way of generating revenue, says GlobalData, a leading data and analytics company.
Equinor is the operator of 20 projects under development on the Norwegian continental shelf, or at Norwegian onshore plants. The Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of the projects, but the combined project portfolio is still very resilient.
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