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Hess compares the first phase development of Liza offshore Guyana to the Delaware Basin and deems one a better investment.
The Middle East and North Sea are among the areas of positivity for the offshore premium jackup market.
JIPs, new products and advanced research combine to improve spill prevention and oil recovery.
The company is working to extend the life of the field, increase its recovery factor and avoid premature decommissioning.
The proposed sale will clear about $320 million P&A obligations and also give the Houston-based E&P much needed capital.
A wireless system aims to improve safety for the crew in the event of a fire or an explosion on a rig, drillship or support vessel.
Partnerships, mergers and acquisitions play prominent roles.
The promise of big discoveries offshore South America set to continue for years to come.
Chevron views deep water as a material part of its overall upstream portfolio with plans this year to invest billions of dollars in Gulf of Mexico projects.
New approaches deliver greater productivity and less risk.
A new design offers offshore operators an economical and reusable solution for field development.
The cost of safely removing offshore assets from service has given rise to investment in decommissioning technologies.