Jennifer
Pallanich
Hart Energy
OFS Sector Loses Jobs, but Trade Org Says Growth Potential Remains
According to analysis by the Energy Workforce & Technology Council, the OFS job market may still have potential for growth despite a slight decrease in the sector in April.
Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production
From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe.
Vår Selling Norne Assets to DNO
In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
Evolution Petroleum Sees Production Uplift from SCOOP/STACK Deals
Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.
SLB OneSubsea JV to Kickstart North Sea Development
SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.
Permian Resources Adds More Delaware Basin Acreage
Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.
APA Corp. Latest E&P to Bow to Weak NatGas Prices, Curtail Volumes
APA Corp. plans to curtail gas and NGL production in the U.S. owing to weak Waha prices but remains confident it can deliver in the Permian Basin, CEO John Christmann said during a quarterly webcast with analysts.
High Pressure, Temps, No Problem: BP Dives Deeper in GoM
BP is preparing for a 2024 FID on Kaskida and 2025 FID on Tiber projects in the Gulf of Mexico, a BP executive said during an OTC keynote.
Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas
Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.
Chevron, Total’s Anchor Up and (Almost) Running
During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.