This new technology eliminates the need for traditional explosive charges and chemicals.
Read More »China`s Gas Production to Double by 2040
In 2019. China included tight gas in the new unconventional gas subsidy scheme for the first time.
Read More »North Sea Oil Production Struggling
Rystad expects North Sea oil production to drop to 2.28 million bpd with 462 000 bpd lost due to outages.
Read More »Shell`s New Deepwater Discovery in Gulf of Mexico
This discovery in a Shell heartland adds to the company’s Paleogene exploration success in the Perdido area.
Read More »Wood Mackenzie Comments on BP Exiting China Shale Gas
Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.
Read More »Iran will Contribute more than 50% of Middle East’s Oil and Gas Pipeline Additions to 2022
Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
Read More »Schlumberger Introduces New MEMS Gyro Surveying Service
The GyroSphere service has been proven through extensive testing and field trials in the North Sea. Ecuador. Africa. and Russia.
Read More »Rystad Energy: BP Embraces Shale in Bid to Maintain Global Production Profile
Rystad Energy expects production to rise rapidly beyond 100 000 bpd.
Read More »BP. Eni and Shell are Best-In-Class amongst the Majors
Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
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