Darren
Barbee
Oil and Gas Investor
Weatherford Announces Acquisition of Technology Company Datagration
The acquisition gives Weatherford International digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio, the company said.
E&P Highlights: Sep. 2, 2024
Here's a roundup of the latest E&P headlines, with Valeura increasing production at their Nong Yao C development and Oceaneering securing several contracts in the U.K. North Sea.
Helix Awarded Vessel Service, Charter Contracts Off Brazil
Helix Energy Solutions Group was awarded new three-year charter and service contracts, valued at an estimated $786 million, from Petrobras for Siem Helix 1 and Siem Helix 2.
Geospace Technologies Sells Seismic Data Nodes to SAExploration
SAExploration exercised its purchase option from an existing rental contract to make the purchase of seabed ocean bottom wireless seismic data acquisition nodes.
Technip Awarded FEED for BP’s UK Hydrogen Project
BP’s H2Teesside is expected to be one of the U.K.’s largest low-carbon hydrogen production facilities and fully integrated with carbon capture technology.
Building a Better Non-op? Control the Purse Strings, Executives Say
As they trail E&Ps in the public markets, some non-operated oil and gas companies are taking firmer control of drilling decisions as executives look to reinvent their business model.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
Equinor to Operate Ammonia-powered Supply Vessel
Equinor said the Viking Energy Supply vessel will be the world’s first supply vessel to use ammonia as fuel.
Carbon Capture Could Be the Next Offshore Trend
Offshore interest is growing, but the carbon capture and storage technology faces significant challenges.
Artificial Lift Meets Artificial Intelligence, with Hit and Miss Results
Oxy and Chevron are among companies trying to find the sweet spot between data analytics and machine learning with human intervention to optimize production and predict failures before they happen.