The focus comes as oil and gas operators venture into new frontiers and go deeper into mature ones.
Experts talk about the sector’s past, present and future.
The country plans to offer shallow-water blocks in addition to deepwater and unconventional blocks.
The unconventional revolution is making a big impact, bringing benefits along with concerns.
Operators in North American shale plays are using more than 5 MMlbs of frack sand per well.
The emerging Paleogene play in the US Gulf of Mexico continues to offer increasing encouragement for major deepwater discoveries, with Chevron confirming a significant find.
Shell's CEO Ben van Beurden says, "there is a lot more to do" in its North American deepwater sectors.
Enhanced completions are migrating to shale plays across parts of North America.
The NRG Energy and JX Nippon Oil & Gas project aims to turn waste into revenue using technology.
The move to pad drilling and batch completions is tightening supply for pressure pumping equipment, prompting operators to add capacity.
The fixed-term contract includes engineering, land preparation and urbanization works, procurement and construction of five laboratories and other buildings, auxiliary services, a high-pressure water circuit, installation of equipment, project management and training, the release said.
ICA Fluor signed a contract with Shell Canada Energy to supply modular fabrication and procurement services for 13 well pads for heavy oil extraction at Shell’s Carmon Creek project.
InterMoor, an Acteon company, has successfully completed its contract supporting the decommissioning of Anadarko Petroleum Corp.’s Red Hawk spar in the Gulf of Mexico.
Opportunities include exploration, deepwater projects, revitalization of mature fields, heavy and extra-heavy oil onshore and offshore fields, high water production fields and other upstream activities.