
Ampelmann and Brunei Shell Petroleum extend collaboration in Asia Pacific
Ampelmann will provide two of its latest version L-type offshore access systems to Brunei Shell Petroleum.
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Ampelmann will provide two of its latest version L-type offshore access systems to Brunei Shell Petroleum.

Average OPEX per barrel of oil equivalent for deepwater production in the region has more than halved since 2013, from roughly US$26 to US$12.70 in 2020, a Rystad Energy report shows.

Estimated decommissioning costs have, to date, reduced by 19% since the OGA began benchmarking in 2017.

The Bass Strait JV is co-owned and operated by ExxonMobil, which has also put its 50% stake up for sale.

Halliburton will design and implement digital transformation projects to improve efficiency and production in four of PTTEP's offshore fields.

Nick Walker will become President and CEO of Lundin Energy following Alex Schneiter’s decision to step-down from the position.

Qatar Petroleum has acquired a 30% participating interest in Block 48, located in the ultra-deepwaters offshore Angola.

Oil prices hold on to their gains as another weekly crude storage relief is expected to be announced by the US API institute today, a day before OPEC+ meets.

The partnership with Eserv is part of the first phase of Neptune Energy’s strategy to “digitise” its assets and processes.

West Newton could represent the largest UK onshore oilfield discovery in decades.

The US Department of Interior has approved drilling in 1.56 million acres of the Arctic National Wildlife Refuge in Alaska.

Pioneering technology expert tells ADIPEC Energy Dialogue up to 80% of plant shutdowns could be mitigated through combination of advanced electrification, automation and digitalisation technologies.