Early reports from today’s OPEC meeting in Vienna indicate members and non-member countries are poised to agree on a nine-month extension for oil production cuts. Stratas Advisors Director of Energy Markets Jeff Quigley is in Vienna and reports that although a nine-month deal is likely, and Brent prices have risen as a result, don’t expect market uncertainty to be put to rest.
2023-11-29 - Drilling specialists at Halliburton and Vital Energy see the implementation of AI and machine learning in the oilfield and as potentially transformative.
2023-11-29 - Greensea’s OPENSEA software provides the robot with Over the Horizon (OTH) operational capability for underwater hull maintenance.
2023-11-20 - Here’s a roundup of the latest E&P headlines, including expanded work offshore Gabon and new contract awards.
2023-11-16 - CGG received industry funding for the project and will deliver early products in December 2023 and final results in August 2024.