Abu Dhabi Turns Focus To Offshore

Abu Dhabi will look increasingly to the offshore as it bids to ramp up oil output to 3.5 MMbbl/d over the next five years from 2.7 MMbbl/d currently.

Noble Energy, David Stover, Offshore Executive Conference, deepwater, Gulf of Mexico

Noble Energy CEO: GoM Resource Visibility Has Never Been Greater

Dire market conditions may have caused some to consider halting investment offshore, especially given a strong shale presence onshore. But Noble Energy sees opportunity.

HP/HT, BOP, technology, Cameron, GE Oil & Gas, ABS

HP/HT Pressure-control Systems Push Technology Boundaries

The consequences of BOP failure at 20,000 psi and 320 C (608 F) in ultradeep water are driving operators and manufacturers to meet new, more stringent regulations.

Apache Bets On North Sea, Odds Appear Favorable

Additional production growth opportunities exist given recent discoveries and even more prospects in the region. But how much value it creates will depend on commodity prices, which remained depressed amid continued global oversupply. 

ISIS, war, oil production, prices, Obama, Republican, OPEC

After Paris: Escalation In Syria Could Leave Oil Region Unstable

President Barack Obama has rejected putting a large-scale force in Syria, but calls for troop deployment could lead to a conflict that unsteadies the Middle East’s oil production.