Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.
The deepwater development, named Whale, was discovered in the U.S. Gulf of Mexico’s Alaminos Canyon Block 773 by operator Shell and partner Chevron in 2017.
Interactive tool gives companies total visibility over their entire operation portfolio on a map, which can be zoomed in at any time for a specific project's site layout, tasks, budgets, expenses, files and historical activities.
Barracuda is Shell’s first greenfield project in Trinidad and Tobago and one of its largest in the country since its BG Group acquisition.
The project is expected to reduce natural gas flaring in the Bakken region by allowing producers to move more gas to market, says MDU Resources President and CEO David L. Goodin.
Halliburton Co. on July 20 reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services.
Greenland has ended its 50-year ambition to become an oil producing nation after announcing on July 16 it would suspend a strategy of searching for oil and would stop granting exploration licenses.
An Exxon Mobil-led consortium has discovered more than 8 billion barrels of oil and gas off Guyana’s coast, transforming the poor country into the world’s newest energy hotspot.
The ability to seamlessly access data regardless of where data reside empowers companies to identify previously missed zones of pay, accurately predict and plan for negative drilling events before they occur, correctly forecast pore pressure and generate multiple what-if scenarios to understand an activity’s impact on a reservoir.