The sales would be part of a broader strategy of disposing of €8 billion in assets over the next three years. Units that could be candidates for the asset sale plan include some operations in Indonesia and Cyprus, said the people, asking not to be named discussing confidential deliberations. SourceContinue Reading
AIQ’s RoboWell autonomous well control (AWC) solution will be made available through Halliburton’s Landmark iEnergy hybrid cloud. This agreement marks a step in AIQ’s goal to expand the adoption of AI-enabled AWC tools to help optimize and increase production in the global upstream sector. SourceContinue Reading
NC JSC QazaqGaz (QazaqGaz) and Chevron Corporation, through its subsidiary Chevron Munaigas Inc., have signed a cooperation agreement which will entail potential geological exploration at the Zhalibek site in the Aktobe region, near the Zhanazhol and Urikhtau fields. SourceContinue Reading
The 6-3 decision, which came in a fight over a fishing-industry regulation, is a long-sought triumph for opponents of big government. The court overturned Chevron v. Natural Resources Defense Council, a 1984 ruling that Democratic administrations had used as a legal building block for new regulations. SourceContinue Reading
This is the second well to be drilled in production license 1170, which was awarded in APA 2021. Gas was also recently proven in the first well in the production license. Preliminary estimates indicate the size of the natural gas discovery at between 3.23 – 4.42 MMboe. SourceContinue Reading
The offshore project in eastern South China Sea, with an average water depth of approximately 89 m, will be developed by leveraging the existing production facilities. The project is expected to achieve a peak production of approximately 5,300 boed in 2025. SourceContinue Reading
U.S. Energy Development Corporation (U.S. Energy) is expanding its operations in the prolific Permian basin. U.S. Energy is poised for significant growth and development in one of the most productive oil and gas regions in the United States. SourceContinue Reading
Under the multi-year services frame agreement, Baker Hughes will provide spare parts and field service resources for onsite turbomachinery equipment maintenance and upgrades, equipment refurbishment and advanced digital asset performance services. SourceContinue Reading
The American Petroleum Institute (API) released a statement from API Senior Vice President and General Counsel Ryan Meyers on the Supreme Court’s decision to overturn the 1984 Chevron precedent. SourceContinue Reading
The contracts relate to phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs and ongoing capacity maintenance. SourceContinue Reading
