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The oil and gas industry is under pressure to respond to the moving target of cyber threats.
Hart Energy caught up with BHGE’s Scott Hamilton during Subsea Expo to delve deeper into the company’s plans.
Hildebrand will remain Hilcorp’s executive chairman and continue to be heavily involved in the company’s operations, a spokesman said.
For 2018, GeoPark is focused on Colombia's Llanos 34 Block where it plans to invest about $90 million.
Recent windfalls generated through taxes and the kingdom’s “anti-corruption purge” has triggered further speculation about the future of Saudi Aramco’s IPO.
At the recent NAPE Global Business Conference, panelists from Hess and Akin Gump gave insight on what plays into developing resources in the Lower 48 or international deepwater.
The company said it plans to spend $3.9 billion overall in 2018 and increase production by between 8% and 12% with a 40% annual growth in Permian resources in 2018.
Half of the spending will go toward E&P activities as the country aims to increase domestic oil and gas production.
The company recently announced 150 self-driving trucks would be introduced over the next six years, starting with its North Steepbank mine north of Fort McMurray, Alberta, Canada.
Technologies must be domain specific with end-to-end workflows so they can be put to use, according to Binu Mathew, senior vice president and global head of digital products for Baker Hughes, a GE company.
The company plans to add rigs in the Bakken this year as it continues studying completion techniques.
Torger Rød, senior vice president of projects for Statoil, discusses how the company is driving efficiencies with its E&P activities.