BP and Delek Group-owned Ithaca Energy have started oil and gas production at the Vorlich field in Britain's central North Sea, the companies said on Thursday.
Development for Southeast Asia looks promising with exploration programs planned for 2021 and 2022.
Technology is increasingly playing a huge role in helping oil and gas operators use data to help better manage their offshore assets.
BHP, operator of the Shenzie Field, had agreed in early October to the acquisition of Hess’ 28% working interest in the deepwater Gulf of Mexico field for $505 million.
Milestone recorded as one-trip sidetrack sets record in the Gulf of Mexico.
Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.
Upstream activity will fuel the region as a leader on the road to recovery.
Weatherford International Plc has launched ForeSite Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow, the company said on Oct. 5.