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Production

ConocoPhillips begins oil production from $1.2 billion Eldfisk North project in North Sea ahead of schedule

The licensees of the Eldfisk Field, operated by ConocoPhillips Skandinavia AS, announced successful first oil production on the Eldfisk North Project, in the Greater...

Aramco and Rongsheng explore new opportunities in KSA and China

Aramco, one of the world’s leading integrated energy and chemicals companies, is exploring the formation of a joint venture in the Saudi Aramco Jubail...

Talos signs $1.1bn deal to acquire US Gulf of Mexico oil producer EnVen

Talos Energy has agreed to acquire EnVen Energy, a US-based private operator in the deepwater US Gulf of Mexico, in a deal worth $1.1bn,...

Oil production costs reach new lows boosting deepwater prospects

A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has dropped to around $50...

BP starts gas production from Qattameya field

BP has started gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through BP’s joint...

EIA projects $43 oil, flat U.S. production in the first half of 2021

The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States...

Pemex to increase oil and gas production in H2 with 20 new exploration wells

Mexico´s Pemex aims to increase crude and gas production during the second half of 2020 as it pushes forward with its strategy of early...

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White Papers

US Polyethylene Export Market Report 2017-2020

Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

Embedded SSD Flash Management

This white paper will explore NAND flash technology and its inherent problems, and explain how proper flash management algorithms can address these issues and...

Enterprise SSD: More Than Just a New Kind of Hard Drive

SSDs deliver unmatched data center performance. As solid-state drives (SSDs) are increasingly deployed throughout the enterprise, data center and IT managers need to fully...

Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...