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This dynamic environment presents both challenges and opportunities for small to mid-sized operators. Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities? Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities?
This is expected to somewhat ease market fundamentals and eventually contribute to a stronger demand growth,” said Gergely Molnar, a gas analyst at the IEA, during a webinar. A project in Qatar will also add to the growth. For the rest of 2025, however, the IEA cautioned that the market remains vulnerable to shocks.
The company’s intelligent detection and tracking system has now been installed on a second jack-up rig, following over a year of successful operation on a North Sea rig operated by a leading offshore drilling contractor. Both modules are built on the same core AI engine, but are designed for different operational roles.
This agreement strengthens the ongoing cooperation with Equinor by integrating cutting-edge technology to optimise field operations. By delivering real-time, reliable data, the software enables more efficient operations and informed decision-making across the entire CCS process. Please sign in or register for free.
This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. But as high-quality, undrilled inventory becomes increasingly scarce, even disciplined operators like EOG are being drawn back into the M&A fold.
AI has been thrown into this mix and is already proving to be a transformative force that’s reshaping how operators evaluate acreage, plan development and optimize production. Here are four key ways AI is revolutionizing acreage strategy for upstream operators. Watch Now 2.
Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field. Production from the first well was delivered safely, on time and to budget. The start-up of the remaining three wells will follow over the coming months.
There are two primary destinations for PW from onshore operations. The result is operators are spending more to ship PW further and then paying higher prices for disposal volumes, especially at SWD facilities just outside of the SRAs. This could force operators to stop production in previously profitable fields.
The P-78 will rank among the largest in the global operating fleet of FPSOs. Petrobras). Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180 000 bpd of oil, 7.2
This latest collaboration further strengthens their well-established presence in deepwater operations across the country. In addition to technical execution, Expro’s approach is aimed at optimising well performance, driving cost-efficiencies, and enhancing operational reliability throughout the project lifecycle.
The field is operated by Equinor, with Aker BP holding a 31.6% The partnership has submitted a notification to the authorities in accordance with the existing plan for development and operation (PDO). The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent.
The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. After the completion of operations, the well was permanently plugged and abandoned. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.
The collaboration aims to deliver optimised performance through enhanced operational efficiency and consistency in execution by scaling advanced digital solutions. This agreement with Cactus is an important step in shaping the future of well construction and aligning performance goals between SLB, drilling contractors and operators."
These critical components are set for integration on the Errea Wittu Floating Production Storage and Offloading (FPSO) unit; the fifth vessel supporting development within the Stabroek Block, led by one of the industry’s most active deepwater operators.
Managed pressure drilling (MPD) progressed deepwater operations by delivering a critical safety advantage for drilling the world’s most complex and challenging wells. Operational complexity MPD is an adaptive and advanced drilling solution that has made historically challenging wells feasible.
The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimise well construction, production, and intervention to maximise plug and abandonment (P&A) operations. The efforts to maximise the remaining potential of the UK North Sea align with our focus to provide safe and reliable P&A operations.”
“The recent success at Moccasin has been a catalyst and Union Jack is now entering into a period of sustained activity in Oklahoma, where we have every reason to be confident following the Boards decision to expand operations into the US.”
Dana Petroleum has operated the Triton FPSO since 2012, playing a key role in the region’s energy landscape since oil production began in 2000. The technology which provides full lifecycle tracking and real-time insights, enhancing operational safety, compliance, and efficiency.
Requiring close coordination across multiple vendors to ensure seamless delivery, the operation was executed safely, on schedule and within budget from the Island Valiant vessel. Also conducted from the Island Valiant vessel, this time on behalf of Anasuria Operating Co.
Viaro intends to leverage its operational expertise and financial capability to advance the development of Selene, reaffirming its strategic focus on unlocking critical domestic energy resources and supporting the UK’s energy security.
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.
These services will ensure that ADNOC’s oil and gas fields operate with maximum efficiency. Thanks to our track record and field-proven efficiencies, we continue to deliver OCTG solutions and related services to major operators like ADNOC.”
According to data collected by the US Department of the Interior’s Office of Natural Resources Revenue, onshore crude oil production from federal lands reached 1.7 million bpd in 2024, a record high.
The additional campaign reinforces the global technical solutions specialist’s successful delivery of core crane expertise such as crane mechanics and operators, as well as all planned maintenance, reactive and breakdown support, and project work both on and offshore.
Oceaneering) has announced that its Subsea Robotics segment has upgraded the Ocean Intervention II (OI2), an Oceaneering-owned oceanographic research vessel, to perform simultaneous autonomous survey operations. Launched in 2000, the OI2 was purpose built for geophysical and geotechnical surveys.
The installation, completed earlier this year, forms part of Salunda’s growing activity in the Americas deepwater market – where its patented latch monitoring technologies have become a preferred solution for hazardous area monitoring among major operators in the area.
Andrew Pokalwalt, director of education and workforce at research organization The Composites Institute, known as IACMI, addressed these questions during a recent webinar discussion with Kanoe Namahoe, editorial director for SmartBrief Education. And how do educators help funnel students toward these opportunities?
.” Namahoe spoke with Andrew Pokalwalt, director of education and workforce at research organization The Composites Institute, known as IACMI, about opportunities in the manufacturing workforce during a recent webinar titled Building the Next-Gen Manufacturing Workforce: Telling the Real Story.
So it shows that, you know, there is a positive trend in Europe too, and it’s also not because the markets operate differently. In Europe, and we do webinars, we do podcasts in four different languages. Our volumes are up by 20% on our equity options franchise across all countries. But this doesn’t prevent competition.
Read the article online at: [link] You might also like AI-powered detection delivers improved safety to offshore operators Monday 04 August 2025 09:44 Zelim’s intelligent detection and tracking system has been installed on a second jack-up rig.
With fluctuating prices and increased operational costs, it has become more important than ever to find the right suppliers quickly and at the best value. Operational bidding is one area where efficient procurement processes are crucial to navigating these complexities and maintaining a competitive edge. Key Features and Benefits 1.
Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] – Andrew Dittmar, Principal Analyst Enverus Intelligence Research [1] How This Deal Affects Mid-Size Operators 1. . million per location. [2] million per location. [2]
The Strategic Fit: Hand-in-Glove Operational Synergy The merger between Whitecap and Veren is a textbook example of operational synergy. Learn more about our view on the M&A market and recent deals from our recent webinar. Watch Full Webinar Enverus Intelligence | Research, Inc.
Adam has also worked for independent power producers as an analyst, getting hands on with operations, hedging and planning activities, to name a few. Manas Trivedi Principal Analyst, Power Markets Manas previously worked as a senior market operations engineer at ERCOT, where he was an expert in congestion revenue rights modeling and analysis.
Now in its fourth session of 2025, the series has brought together speakers across industry and internal specialists to explore proactive safety in port operations, data quality and structured root cause analysis. The webinar is free and registrations may be effected at [link].
Endeavor anesthesiologist and pain medicine specialist Nirav Shah recently elaborated on these efforts in a webinar led by Lauren Riplinger , chief public policy and impact officer at the American Health Information Management Association. The webinar is available for free on demand.
The process of planning, safekeeping and operating energy production facilities is a long term process, running into decades. A recent webinar was conducted for people in the UK and US timezones, and notes were shared. What happens when no-one can fly internationally? When workers are quarantined, self-isolating, or perhaps even sick?
Two years ago, we set out to redefine upstream data quality by licensing proprietary datasets from leading operators and mineral investors. The filters pane gives you options to filter on various attributes from our well-level database, such as operator, formation, completions design, dates, or EURs (to name just a few!).
Some issues patients face stem from labeling, Steph Sherer, founder of the advocacy group Americans for Safe Access , said during a webinar hosted by the American Public Health Association. Adding to the confusion is that there is no standardized way to talk about cannabis.
The operators, the maintenance crews, the warehouses, the project teams, the drilling towers, the well intervention teams, are all there and, in most cases, in harsh conditions. Feel the extreme cold or heat, the wind, the dust, or the long hours in a truck to find out the conditions in which our product or solution is in.
Additionally, BOEM Gulf of Mexico Regional Director Michael Celata, discussed the four stages of BOEM’s renewable energy authorization process, which include (1) planning and analysis, (2) leasing, (3) site assessment, and (4) construction and operations.
Additionally, BOEM Gulf of Mexico Regional Director Michael Celata, discussed the four stages of BOEM’s renewable energy authorization process, which include (1) planning and analysis, (2) leasing, (3) site assessment, and (4) construction and operations.
How Should I Change My Operations during the Pandemic? What Changes Should I Make to Employee Operations? The AWO held a public webinar on March 19, 2020, regarding the novel Coronavirus and the COVID-19 it causes, and has made the video of that webinar available to the public. How Should I Change My Operations at Port?
Introduction In the ever-evolving landscape of oil and gas, staying ahead of OFS pricing trends is crucial for maintaining profitability and operational efficiency. In January, we hosted a webinar titled Navigating 2025 OFS Pricing Trends With Simplified Sourcing , which delves into the key trends expected to shape OFS prices in 2025.
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