“The valuation implies that a combined divestment of the entire portfolio would put the transaction at the very top of pure Norwegian transactions since the SDFI spin off in 2001,” Simon Sjøthun, Rystad Energy partner, said.
Eric Haney, Lone Star Analysis, USA, discusses the technological developments designed to advance the digital oilfield.
New legislation was created earlier this month to protect mineral owners from fraudulent activity and strengthen private property rights in the US state.
The company has agreed to pay a total of US$301.3 million to these authorities to resolve investigations into conduct dating back over a decade ago.
Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.
Delegates can expect contributions from 200 speakers, ministerial panels, and forums on finance and future technology.
If Britain left the EU without an agreement companies would need to quote correct commodity codes for goods traded with the bloc, according to Adam Johnson, director of Tudor International Freight.
Dean Price and Kevin Cannon, Opportune, USA, comment on whether the recent merger agreement between C&J Energy Services and Keane Group could signal the start of a wave of consolidation in the oilfield services sector.
ExxonMobil's reported divestment of its Norwegian upstream portfolio "doesn't come as a surprise" according to Wood Mackenzie.
Regina Chislova, Project Director of EPOCH 2019, outlines three rules to keep in mind in the event of an oil spill.
The most prospective basins for new discoveries and undeveloped gas resources in Malaysia are in offshore Sarawak, which Wood Mackenzie estimates has 17 trillion ft3 of discovered and undeveloped gas that is commercially viable.
The company’s latest research reveals that the combined upstream investment in Africa from CNPC, Sinopec and CNOOC will be just over US$15 billion between 2019 and 2023.
"After losing pricing power in 2015 and 2016, oilfield service companies have since regained some of the lost ground, thanks first and foremost to industry consolidation among players that has concentrated the market over the past couple of years,” said Audun Martinsen, head of oilfield service research at Rystad Energy.
In part two of this two-part article, Nathan Klammer and Jason Ross, Entro Industries, USA, explain how new automatic features can optimise rig walking in the oilfield.
Nathan Klammer and Jason Ross, Entro Industries, USA, explain how new automatic features can optimise rig walking in the oilfield.