Set to face a shortfall of natural gas at the start of next year, Colombia’s hopes are riding on the future potential of its deepwater wells. Ecopetrol’s offshore chief, Elsa Jaimes, said in an interview last month that production from Caribbean waters could come online as early as 2029, depending on approvals from local communities...Continue Reading
Unify is a new-generation digital platform and is the first plunger lift controller in the ChampionX SMARTEN automation product family. It harnesses the latest AI, IoT, and wireless technologies for edge device automated operations and “live” visibility into plunger cycle behaviors via high-frequency data captured at one-second intervals. SourceContinue Reading
The Texas Alliance of Energy Producers (the Alliance) board of directors has appointed Karr Ingham as the organization’s new president, effective July 1, 2024. SourceContinue Reading
The Independent Petroleum Association of America (IPAA) applauds the Senate’s passage of the Royalty Resiliency Act, aimed at addressing outdated federal land reporting processes and streamlining royalty payments for oil and gas producers. SourceContinue Reading
Tecnimont (MAIRE Group) has entrusted Tenaris with the supply of more than 24,500 tons of seamless pipes for a major gas project located in North Africa, designed to bolster energy security in Europe. SourceContinue Reading
The groups argue that this ruling threatens U.S. energy security, potentially disrupting a crucial source of oil and natural gas. They warn it could lead to job losses, reduced state and local revenues, and negatively impact energy affordability amid ongoing inflation and geopolitical tensions. SourceContinue Reading
At the Asia Pacific Petroleum Conference in Singapore this week, traders were generally bearish, with many predicting oil prices could drop to $60 per barrel, despite Brent crude falling below $70, according to Rystad Energy. SourceContinue Reading
bp has chosen ABS to support its deepwater Kaskida project in the Gulf of Mexico. ABS will provide classification and engineering verification for the project’s new semisubmersible production unit. SourceContinue Reading
