Chevron Corporation started water injection operations at two of its offshore projects to boost oil and gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico. SourceContinue Reading
STRYDE, the company behind the world’s smallest, fully autonomous seismic node, has announced the signing of two significant contracts with Servicios Sísmicos de Exploración (SSE) and SeisGlobe Geoservices. SourceContinue Reading
The two-month survey will be conducted early 2025, utilizing capacity from Shearwater’s high-end fleet, supported by the company’s state-of-the-art technology offering and extensive operational experience. SourceContinue Reading
bp has entered into an agreement with Perenco to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities, including undeveloped resources from the Parang field. The assets, except for Parang, are mature fields that have been in production from as early as 1993 and currently produce 30,000 boed. SourceContinue Reading
The Tyrving development leverages the planned extended lifetime for the Alvheim field and will increase production while reducing both unit costs and CO2 emissions per barrel. The field consists of three wells and two new subsea installations tied back to existing infrastructure at East Kameleon and further to the Alvheim FPSO. SourceContinue Reading
The Houston-based company continues to evaluate the nature and scope of the breach and has activated its cybersecurity response plan, it said in a statement Tuesday. It initially disclosed the attack last month and has notified law enforcement officials. SourceContinue Reading
The integration of Weatherford’s digital offering with Datagration’s unified data models creates a powerful solution for surveillance, optimization, and decision-making across the well lifecycle. The combination enhances Weatherford’s capabilities in digital transformation and drives amplified synergies with its ForeSite®, CygNet ®, and CENTRO® platforms. SourceContinue Reading
Central Asian Republics Aim for $2 Billion in Bilateral Trade | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Sep 03, 2024, 1:00 PM CDT Central Asian leaders engaged...Continue Reading
OPEC Production Dipped in August: Survey | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Sep 03, 2024, 12:10 PM CDT OPEC’s crude oil production fell last month, according to a new...Continue Reading
Volkswagen’s 87-Year Streak of German Production Hangs in the Balance | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Sep 03, 2024, 12:00 PM CDT Volkswagen is considering closing factories in Germany for the first time in its 87-year history due to falling...Continue Reading