Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announced the start of production at Dover, the second subsea tieback connecting new wells to the existing infrastructure of the Shell-operated Appomattox production hub in the Gulf of America. SourceContinue Reading
The sudden plunge in oil prices begs the question, what if WTI prices go as low as $50 per barrel? At that level, U.S. Lower 48 onshore crude oil production could decline by more than 1 million bpd over 12 months, according to S&P Global Commodity Insights. SourceContinue Reading
Enverus Intelligence® Research (EIR) has released a new report finding that recent oil price weakness and U.S. trade tensions will only marginally slow down growth for the Canadian oil sands region; significant brownfield expansions and economic viability remain. SourceContinue Reading
Liebherr has successfully sold two offshore cranes of the type RL 2600 and RL-K 2600 to Singapore-based Yinson Production. The cranes will support the Agogo FPSO, which will operate in the Agogo field, offshore Angola. SourceContinue Reading
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announced the start of production at Dover, the second subsea tieback connecting new wells to the existing infrastructure of the Shell-operated Appomattox production hub in the Gulf of America. SourceContinue Reading
U.S. Energy Secretary Chris Wright will tomorrow begin a nearly two-week tour of three Middle East countries, including Saudi Arabia, marking his first visit as a U.S. official to the de facto leader of the OPEC+ oil producer group. SourceContinue Reading
The sudden plunge in oil prices begs the question, what if WTI prices go as low as $50 per barrel? At that level, U.S. Lower 48 onshore crude oil production could decline by more than 1 million bpd over 12 months, according to S&P Global Commodity Insights. SourceContinue Reading
SPIE Global Services Energy, a subsidiary of SPIE, has announced the signing of a five-year contract with Sonangol Exploração & Produção for the general maintenance of the Block 3/05 oil complex in Angola. SourceContinue Reading
AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector, has entered a Strategic Collaboration Agreement with Gulf Energy Information (Gulf) to enhance the development of ENERGYai by integrating Gulf’s vast energy sector data assets with AIQ’s advanced AI capabilities. SourceContinue Reading
Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector through national upstream regulator the Petroleum Commission of Ghana. SourceContinue Reading
