Harvest Oil & Gas announces divestiture of San Juan Basin assets
The company plans initially to use net proceeds to reduce outstanding borrowings under its revolving credit facility.
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The company plans initially to use net proceeds to reduce outstanding borrowings under its revolving credit facility.
The project is Valvoline’s first plant in China. Fluor booked the undisclosed contract value in the fourth quarter of 2018.
Cao Chai, Upstream Oil & Gas Analyst at GlobalData, offers her view on the deepwater project.
Increasing investment towards exploration and production of unconventional resources due to rising concern towards rapid depletion of conventional resources will drive the hydraulic fracturing market size during the forecast period.
Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin.
The new CTO will be based at the firm’s Technology Centre of Excellence in Trondheim.
A total new-build capital expenditure (CAPEX) of US$846 billion is expected to be spent globally on planned and announced upstream projects from 2019 to 2025.
Peter Bradshaw joins Tata Steel as technical sales manager – Energy & Power with nine years’ experience in technical sales and the oil and gas industry.
Adam Johnson, director of Leeds-based Tudor International Freight, said the proposed blueprint for the period following UK withdrawal from the bloc was unlikely to be adopted for various reasons.
Texas leads the nation in oil & natural gas production, employment growth.
The fall in the country’s crude oil production is poised to carry over into 2019, according to Rystad Energy.
Following the news of a major gas discovery in South Africa by Total SA, Jonathan Markham, Oil & Gas Analyst at GlobalData, offers his view on the find and the industry in South Africa.