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Nabors’ roughly $216 million acquisition of Tesco is ‘rare win-win in oil patch consolidation,’ analyst says.
Exploration activity targeting Jurassic carbonate reservoirs in North Kuwait has led to the discovery of six major tight gas fields in the last decade.
The latest startups mean BP has brought five of its seven major 2017 projects onstream.
Scheduled for September, the round will offer 287 blocks in onshore and offshore basins.
Subsea power distribution systems will play a major role in the future of subsea field development projects. Once the Siemens Subsea Power Grid (SPG) is released to the market, the technology will increase tieback ranges massively and hike reserve recovery levels, the company told SEN.
The diplomatic crisis in Qatar is a case study on just how diplomacy and trade are interconnected.
Secretary of State Rex Tillerson said no new military options were being advanced after the president’s warning toward North Korea.