EIA expects oil prices to increase despite concerns over economic growth and petroleum demand
The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.
Stay up to date with the latest news and updates from the oil industry.
The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.
Newly released Recoverable Abandonment Frame technology could reduce abandonment costs by £20 million per well and cut project timelines by 50%.
GlobalData reports energy ministers in Kazakhstan have requested that planned maintenance on the country's giant oilfield be delayed as the risk of gas shortages during the winter months looms large.
The contract, valued at around Rs14.02 billion (US$167 million), is for production enhancement operations at ONGC's mature fields in the Rajahmundry asset.
The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has aimed to develop, test and demonstrate safe and efficient storage of CO2 in the North Sea subsurface.
GDEP update: 22 of its 2500Q HDF quintuplex pumps have all exceeded 10 000 pumping hours.
Invictus Energy has provided an update on activities at its 80% owned and operated Cabora Bassa Project in Zimbabwe.
Shearwater Geoservices has announced the award of a 4D seismic monitoring contract for the Jubilee field in Ghana, operated by Tullow Ghana Ltd.
Element is urging those who look after the maintenance of plant and equipment on offshore platforms, within oil refineries, and in petroleum pipelines, to explore the potential of AI technology to help reduce downtime.
The African Energy Week: Invest in African Energy conference will gather industry leaders to explore oil and gas financing tools and strategies in the age of the energy transition.
The North Sea Transition Authority (NSTA) is calling on operators to increase their well intervention activity and will host a supply chain and operator workshop later this year.
Combination of Cesium plus iTwin offers developers the most comprehensive digital platform for the built and natural environment.