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
Analysts: EQT Integrates $5.2B Tug Hill Deal Faster Than Expected
2023-10-29 - EQT’s 1,000-item checklist for Tug Hill integration is nearly three quarters complete, and an analyst said the company is integrating its new assets faster than previous acquisitions.
CNX Hits FCF ‘Trough,’ Leans into New Technologies for 2024
2023-10-26 - After posting $19 million in free cash flow in the third quarter, Pittsburgh-based CNX Resources said it expects its New Technologies group to generate between $75 million and $100 million in free cash flow next year.
ECC 2023: Shale Investors Won’t Ever Reward Production Growth Again
2023-10-02 - During the shale boom, analysts and investors used to reward E&Ps for more production. Now, shareholders prefer more cash returns in their pockets—and experts don’t see that changing anytime soon.
Post Bankruptcy, Weatherford Revenues Up as Company Reinvents Itself
2023-10-30 - As Weatherford International crawls out of its bankruptcy hole, the company is finally starting to deliver results, CEO Girish Saligram says.
Billion-dollar Backlogs Get Bigger for Linde, Air Liquide
2023-10-27 - Healthy backlogs are expected to help maintain growth for both Linde and Air Liquide as each look to take on more hydrogen projects in the U.S.