Canadian oil sands production outlook has been raised
The S&P Global Commodity Insights has raised its 10-year production outlook for Canadian oil sands for first time in more than half decade.
The S&P Global Commodity Insights has raised its 10-year production outlook for Canadian oil sands for first time in more than half decade.
The two companies have announced the award of an investment project to provide water supply for ADNOC’s onshore operations.
The company has started production from its gas well in North Western Germany.
The company has announced that is has signed an agreement to build a new technology hub in Abu Dhabi.
On 15 May, the Njord field in the Norwegian Sea was officially opened by the minister of petroleum and energy, Terje Aasland.
The company has announced the completion of its 46th well intervention in the Gulf of Mexico.
The company has awarded a contract for subsea umbilicals, risers and flowlines (SURF) to TechnipFMC, and a sales and purchase agreement (SPA) for the delivery of a floating production, storage and offloading (FPSO) unit to MODEC Inc.
The company has secured a multi-year contract with Petrobras to license its digital design and decision-making platform, FieldTwin.
The company has completed the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for US$1.4 billion.
The company has revealed plans to build the North Sea Renewables Grid (NSRG), an offshore integrated green power and transmission system, powered by floating wind, that oil and gas platforms will plug into for clean power.
With several challenges facing new gas developments in Latin America, supply will be unable to keep up with demand, driving the need for expanded imports to the region over the next decade.
The company has announced a long-term partnership with Applied Research International (ARI) to evolve well control education through immersive virtual simulation training.
ASTM International’s hazardous substances and oil spill response committee (F20) has approved two new standards that will each enhance knowledge essential for oil spill response.
The agreement updates and replaces a previous memorandum of understanding between the agencies from 1994.
The new well is expected to produce approximately 4000 boe/d – enough gas to heat approximately 200 000 UK homes.