Jason Urso, CTO of Honeywell Process Solutions, joined Hart Energy to explain the growing significance of remote technologies in the current environment in which oil and gas companies operate.
As a result of the energy transition needed, oil demand could be slashed from 100 million bbl/d in 2019 to around 10 million bbl/d by mid-century, the study said.
“PetroVisor has already delivered game-changing financial results for many E&P companies and is ready to scale globally,” Datagration Executive Chairman Peter Bernard said in a statement.
Second annual awards recognize women in the LNG business.
The new facilities in Abu Dhabi and Scotland demonstrate that even during a global pandemic, the controls technology provider is “growing and moving forwards,” says Michael Purkiss, Proserv’s vice president of services.
Deep spending cuts made by U.S. oil and gas producers in the second quarter were ‘too little, too late,’ analysts say.
The capital raise marks the latest equity commitment in Momentum Minerals management’s long-standing relationship with Apollo Global Management and its affiliates that started in 2013.
As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility terms and requirements that may reflect a shift from their prior experience and will likely affect their future borrowing base redetermination process.