The Coming to Americas panel at the Offshore Technology Conference (OTC) looked at opportunities and implications as well as the challenges for the industry brought on by fluctuations in commodity prices. Julie Wilson, director, Wood Mackenzie, discussed growth. Erik Oswald, Vice President, exploration, Exxon Mobil Corp., talked about retracting and retaining the oil and gas industry in the Americas. He also discussed investment, comparing it to a marriage. Finally, Cindy Yeilding, senior Vice President, BP America, talked about collaborating in the Gulf of Mexico, saying it’s a “collaboration playground.”
Hear what else they had to say in this video report.
Recommended Reading
Eversource, Ørsted Close Sunrise Wind Sale Offshore NY
2024-07-09 - Eversource sold its 50% stake in the wind farm offshore New York to Ørsted for $152 million.
Chevron’s $53B Hess Deal Delayed Until At Least Summer 2025
2024-07-31 - A pivotal arbitration hearing regarding Chevron’s acquisition of Hess Corp.’s Guyana portfolio is set for May 2025.
Helmerich & Payne to Acquire KCA Deutag for $2B
2024-07-25 - H&P expects the acquisition of KCA Deutag to expand its international footprint, particularly in the Middle East, and enhance its global onshore drilling role.
Harbour to Close $11.2B Wintershall Dea Deal Earlier Than Expected
2024-08-27 - Harbour Energy expects to finalize the purchase of Wintershall Dea’s upstream assets in early September after initially expecting a fourth-quarter 2024 close.
Viaro Energy to Buy Shell, Exxon’s North Sea Assets
2024-08-01 - When the transaction is completed, Viaro Energy will control 11 fields that produced 28,000 boe/d in 2023, 5% of the U.K.'s total gas production.