Woodside Petroleum Says on the Lookout for Acquisitions
"We're clearly scanning the landscape very closely looking for opportunities," Woodside Petroleum CEO Peter Coleman told analysts on a conference call.
Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy
Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.
Erdogan Says Any Attack on Turkish Exploration Ship in Mediterranean Will Exact ‘High Price’
President Tayyip Erdogan said Aug. 13 that any attack on a Turkish ship exploring for oil and gas in disputed Mediterranean waters would incur a "high price."
E&P Offshore: Delivering Sustainable Execution Model for Reducing Emissions
Carbon footprint evaluation for offshore wind installation finds material selection and stakeholder alliances keys to success.
PGS Rejects $600 Million Seismic Data Offer from Rival TGS
Oil industry suppliers such as Oslo-listed TGS and PGS have been hard hit by weak crude prices during the coronavirus pandemic as energy companies rein in exploration.
Marketed: XTO Energy Operated Permian Basin Well Package
XTO Energy selected EnergyNet as the exclusive adviser to market a Permian Basin operated opportunity located in Loving and Winkler counties, Texas, through a sealed-bid process closing Sept. 15.
Flaring Solutions: Staying Focused
Despite ongoing headwinds facing the battered oil and gas industry, reducing emissions remains a goal.
Enbridge Joins ONE Future Methane-reduction Coalition
Natural gas group’s membership reaches 27.
Equitrans: Despite Permit Denial, MVP Southgate Remains On Track
North Carolina rejected a water permit for the pipeline extension.
Russia’s Gazprom Neft Discovers Oil Field in Urals Region
The company said the Roshchinskoye oil field has “geological reserves” of 4 million tonnes (29.3 million barrels).
Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations
The Trump administration on Aug. 13 will roll back regulations aimed at reducing emissions of the potent greenhouse gas methane from oil and gas operations, its latest move to unwind environmental rules ahead of November’s presidential election.
Weatherford, INT Expand Collaboration to Create Real-Time Well Visualization
Weatherford International Plc has strengthened its collaboration with upstream data visualization provider INT on Aug. 12 to provide next-level, real-time well visualization in both 2D and 3D. Weatherford will embed INT’s IVAAP framework into the Weatherford Centro digital well delivery software, advancing its data visualization capabilities.