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Drilling & Exploration

Equinor and Barra Energia (“Barra”) have completed their transaction announced on 4 July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of USD 379 million. Read more

Upstream

Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate. Read more

Engineering, Procurement & Construction

Equinor and its partners Ineos E&P and Faroe Petroleum have made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea. Read more

Drilling & Exploration

Comstock Resources tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park. Read more

Drilling & Exploration

API President and CEO Mike Sommers believes "we've only scratched the surface of the opportunity" in the U.S. energy industry. Read more

Current Issue

Wells drilled horizontally into tight oil and shale gas formations continue to account for an increasing share of crude oil and natural gas production in the United States. Read more

Drilling & Exploration

The Association of International Petroleum Negotiators (AIPN) International Petroleum Summit, held in Houston this week, focused on a number of themes which will help companies determine a strategy for the years ahead. Read more

Drilling & Exploration

Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. Read more

Commodities

U.S. shale operators are on course to increase oil production significantly in 2019. Read more

Drilling & Exploration

Abundant hydrocarbon reserves and the ability to drill longer laterals has made Permian Basin the most prolific shale play in the world, according to GlobalData, a leading data and analytics company. Read more

Drilling & Exploration

The United States produced a record amount of energy from various sources in 2018. Read more

Drilling & Exploration

Combining hybrid power, data intelligence and cleaning technology, the Maersk Intrepid will push the boundaries for low-emission drilling on conventionally powered offshore rigs. Read more

Offshore & Marine

Top diplomats from the United States, Russia and other nations which border the Arctic meet in Finland on Monday to discuss policies governing the polar region. Read more

Health, Safety & Environmental

The Trump administration unveiled its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S. history. Read more

Drilling & Exploration

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019. Read more

Drilling & Exploration

LLOG Exploration Offshore, L.L.C. and Repsol E&P USA Inc. announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico. Read more

Offshore & Marine

ExxonMobil said today it will increase its exploration acreage in Namibia with the addition of approximately 7 million net acres. Read more

Offshore & Marine

Norway had the highest number of oil and gas discoveries globally in the first quarter (Q1) of 2019 with five discoveries. Read more

Drilling & Exploration

ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. Read more

Upstream

The Chevron and Anadarko acquisition is reflective of multiple trends that are becoming increasingly evident in the global energy market. Read more

Plant Management & Operations

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