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The investment plans include drilling more wells in Colombia, where the company recently made a commercial discovery, and exploration activities in Kazakhstan and Bangladesh.
Nabors’ roughly $216 million acquisition of Tesco is ‘rare win-win in oil patch consolidation,’ analyst says.
Cobalt hopes to finalize the bidding process for its GoM assets in September as it continues to resolve concerns with its Angola assets sale.
The partnership was formed as the oil and gas industry works to keep exploration efforts alive following spending cuts caused by lower commodity prices.
Planet, a satellite imaging company, has entered the energy space, focusing on asset management, competitive analysis, risk management, exploration and other areas.
Technology, regulations and more are required for an effective abandonment and decommissioning strategy for aging offshore facilities.
New ways of looking at technology are enabling closer collaboration between the renewables and oil and gas sectors while also addressing cost pressures.
With the Congressional Review Act deadline having passed in May, Congress’ ability to overturn Obama-era regulations through simple majorities has come to a close.
On The Move
Advances in data analytics can give operators a much clearer picture of their complex plays.
Rumors of the Eagle Ford Shale’s death have been greatly exaggerated.