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Strategic Initiatives Amplify is committed to simplifying its portfolio, focusing capital and management resources on the most attractive investment opportunities, and creating value for shareholders. We are currently drilling the C-08 well off of the Eureka platform and we expect to start production in August.
Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown. Ron holds a B.Sc.
The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, including buy-side principals, portfolio managers, CIOs, and securities analysts.
has completed the sale of its producing oil and gas assets in Greater Angostura in Trinidad and Tobago to Perenco Group for AUD 206 million ($135.18 Anglo-French explorer and producer Perenco now owns 45 percent of Angostura in Block 2(c) and 68.46 Image by ssuaphoto via iStock Woodside Energy Group Ltd.
The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. operating companies.
In addition, certain Directors, management and their affiliates intend to subscribe for 23,333,333 new Ordinary Shares at the Issue Price to raise a further £0.7 Additional management analysis suggests that future, two-mile laterals on the Paradox project will have an estimated P50 individual well performance of 3.6
uranium mining and production. The Mill also handles vanadium and is exploring medical isotope extraction for cancer treatment. sourced monazite and developing three global heavy mineral sand mines to produce up to 60,000 tonnes of rare earth feedstock as a by-product of titanium and zircon mining.
Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Companies continue to be added to the schedule daily.
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. In the dynamic and demanding world of natural gas processing, the pursuit of efficiency is relentless.
Today’s leading companies are: Reducing capital spend while sustaining production Maximizing rig and frac crew efficiency Avoiding knee-jerk cost cuts during downturns Take Chevron as an example. Operational Innovation: Doing More with Less From drilling to completions, the U.S. Devon Energy improved completions efficiency by 12%.
We will explore the inherent challenges in gas separation, the mechanics of these innovative devices, and the tangible benefits they bring, including enhanced operational reliability, reduced maintenance, and superior product quality. Product Quality: Sales gas specifications demand very low levels of water and hydrocarbon liquids.
Including GVA from the manufacture of chemicals and chemical products, the manufacture of basic metals, and the estimated GVA in the cement and lime industry within the other nonmetallic mineral products sector in 2022 for Portugal and Spain. For example, the cement industry relies on the calcination process for cement production.
Findings from economic geographer Bent Flyvbjerg, editor of The Oxford Handbook of Megaproject Management (Oxford University Press, June 2017), confirm a stark reality: Out of a database of 16,000 projects, only 8.5 A new approach to stress testing helps keep them on track. percent met their cost and schedule targets, and a mere 0.5
The contract covers the provision of Offshore Shutdown Support Services for the Triton floating production, storage and offloading (FPSO) vessel, located approximately 120 miles east of Aberdeen in the North Sea. Already a member?
acquired Pintail Alternative Energy, aka Pintail Completions, aka Pintail Wireline. Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.”
In the future, technologies such as gen AI, agents , predictive demand forecasting, and automated inventory management will be just a few of the tools that could help make retail merchandisersâ jobs more efficient. Automation is also helping to reduce product quality variances.
Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 Sval Energi CEO Halvor Engebretsen will lead the enlarged North Sea business as the managing director for DNO Norge AS, according to the release.
While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. oil-and-gas exploration stocks amid the recent tensions. barrels per capita today, making the nation the world’s largest seller of LNG.
Image by Andrii Tokarchuk via iStock EnQuest PLC said it has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125 percent equity interest in the Chim Sáo and Dua production fields (Block 12W). As of January 1, net 2P reserves and 2C resources across the fields totaled 7.5
The completion of the transaction, expected in the third quarter, is subject to certain customary conditions precedent, including consent from the North Sea Transition Authority with respect to the change of control of GTNSL, according to the release. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.
An Engineering Technician in the oil and gas industry plays a crucial role in supporting engineers and other professionals in various technical tasks related to the exploration, extraction, and processing of oil and gas.
Perenco recently announced the completion of the tests at the depleted Leman natural gas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations. Already a member?
Waste Management: Oil and gas operations generate various types of waste, including hazardous materials. Environmental Specialists develop and implement waste management plans to properly handle, transport, and dispose of waste in accordance with regulations. Flowback Consultants.
A logistics coordinator in the oil and gas industry plays a crucial role in ensuring the efficient movement of materials, equipment, and personnel to support exploration, production, and distribution activities. Inventory Management: Monitoring and managing inventory levels is crucial to avoid stockouts and excess inventory.
Their work involves a combination of exploration, development, and operational support, utilizing advanced geophysical and geological techniques. Purchase Geologists Contact Directory – $25 Buy List Now Key Responsibilities: Conduct geological assessments for exploration, development, and production projects.
It’s rare to find a company–in any sector–with a combination of high quality management who own a lot of stock and execute SO WELL on a business model—as well as PHX Energy Services does. Faster project completion. With most of our reports, we talk to management and often some of the large shareholders.
The Chief Financial Officer (CFO) plays a crucial role in the financial management and strategic decision-making of an oil and gas company. Assessing financial risks and opportunities associated with exploration, production, refining, and distribution activities. Leading financial due diligence efforts during M&A activities.
Skip to main content The European asset management industry: Navigating volatile times July 9, 2025 | Article Felix Wenger  Niklas Nolzen  Nunzio Digiacomo Macroeconomic uncertainty and weaker profits are forcing the industry to rethink its business and operating models. (12 European asset managers have also lost ground to US players.
is about to acquire the shale and pipeline assets of Aethon Energy Management, founded by Albert Huddleston, who is also the CEO. Aethon Energy Management has been exploring options for its natural gas assets since last year. Reports emerged earlier this week that Mitsubishi Corp. Mitsubishi Corp.,
For the few solutions that show real value potential, enterprises largely fail to cross the chasm from prototype to production. To be effective, this portal and its underlying infrastructure (for example, OpsLevel, Cortex, Port) should provide a single access point to all validated gen AI products and capabilities.
In this episode of McKinsey Talks Operations , host Daphne Luchtenberg speaks with Roman Belotserkovskiy , a McKinsey partner and global leader of McKinseyâs procurement and supply-management work within the Electric Power & Natural Gas Practice. The product was still purchased; it just shifted elsewhere.
Previous management mis-steps and low commodity prices—gold hadn’t started its recent big run yet—had forced the mine into bankruptcy. But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production.
Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas. from $165 million to $300 million Fort Worth, TX U.S. Increased Citibank, N.A.
TSXV: CCEC) (FSE: 4JH) (CanCambria or the Company) today announced the appointment of Eric Vaughan as Vice President of Drilling and Completions, effective immediately. (Oil & Gas 360) Vancouver, BC April 15, 2025 CanCambria Energy Corp.
Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.
Managing minerals and non-op interests should be straightforward; but for most, its far from that. Royalty and non-op management is drowning in inefficiencies. For asset managers, the priority is cutting costs, eliminating manual tasks and making data-backed decisions without feeling nickel-and-dimed. The reality?
(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders. Malo facilities.
The full scope of the contract includes digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and wireline services. Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers.
The contract between North Oil Company (NOC), North Gas Company (NGC) and bp includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for investment in exploration. The agreement is for an initial phase that includes oil and gas production of more than 3 billion barrels of oil equivalent.
Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells triple-fracked last year, Jeff Newhook, a completions operations manager at the U.S. The triple-frac reduces by 25% the time to bring wells to production. supermajor, told Reuters in an interview. According to the top U.S.
The market is valuing and rewarding operators who are making the right moves to manage their inventory and remain capital efficient. This blog explores how AI in oil and gas can be a game-changer for small and mid-sized operators and what tools they can use to increase their bottom line.
” He explained that this integration would boost productivity and reduce costs, “which would enable us to invest more money.” ” He explained that this integration would boost productivity and reduce costs, “which would enable us to invest more money.”
In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The internal technical evaluation of this well is now largely complete, prior to further review by a third party.
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