YPF Selects Emerson Technology as Its Corporate Seismic Interpretation Application

Emerson (NYSE: EMR) announced it has signed a multi-year agreement with YPF S.A., a major Argentinian energy company, for Emerson’s exploration and production (E&P) software for seismic data interpretation and visualization. This comprehensive software portfolio gives YPF a holistic subsurface view of its reservoirs and exploration areas, leading to a collaborative and integrated seismic interpretation... Continue Reading →

April 17, 2020 0

Shell Sets Oil Sector’s Broadest Carbon Reduction Plans

Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector's broadest plan to reduce greenhouse gas emissions to net-zero by 2050. The new climate goals put the Anglo-Dutch company - at least on paper - ahead of the most progressive of its rivals, including BP and Italy's... Continue Reading →

April 16, 2020 0

Wilson Sons completes eight years without lost time accidents at offshore support bases

Apr 15, 2020 In March 2020, Wilson Sons recorded eight years without lost time accidents at its offshore support bases, a milestone in the oil and gas sector. There were 4.6 million man-hours worked in dozens of operations along the Brazilian coast. The new record reinforces the Company's commitment to the well-being of its employees,... Continue Reading →

April 16, 2020 0

ANP Permanent Offer Auctions in the second semester

April 16, 2020 MME is working to carry out the 2nd Permanent Offer Auctions in the second half of this year, said Minister Bento Albuquerque, during a webinar held by FGV, in partnership with the EPBR agency, on Wednesday (4/15). Of the four rounds planned for this year - 17th of Concessions, 7th of sharing... Continue Reading →

April 16, 2020 0

PEMEX expects its oil hedges to generate $311 million this year

-Mexico’s Petroleos Mexicanos expects to receive some relief from its oil hedge this year as producers grapple with a record slump in demand. “The Finance Ministry has full coverage, and in the case of Pemex it is a part of our production,” said Pemex Chief Executive Officer Octavio Romero at a press conference in Mexico... Continue Reading →

April 16, 2020 0

Weatherford tallies three deepwater firsts offshore Brazil

Weatherford International saved an operator 27.5 hours of deepwater rig time with an Integrated Completion Solution it developed to install downhole equipment in the Santos Basin, offshore Brazil. “A deepwater challenge is the ultimate equation of time equals money and Weatherford saved this operator more than 27 hours of rig time,” said Brent Baumann, President,... Continue Reading →

April 16, 2020 0

Coronavirus delays second phase in Equinor’s Peregrino field, sources say

Apr 15, 2020 The activities for the second phase of development of Equinor's Peregrino field, in the Campos Basin, were delayed by approximately two months, according to two sources with knowledge of the subject, in view of logistical difficulties related to the new coronavirus. Peregrino is Equinor's largest offshore operation outside Norway and currently produces... Continue Reading →

April 15, 2020 0

Total picks eDrilling for well construction planning technologies

April 15, 2020, eDrilling, a supplier of AI, machine learning, and predictive analytics solutions to the oil and gas industry, has been awarded a contract by French oil major Total for its well construction planning technologies. eDrilling said on Wednesday that the solutions would be a part of the Total Drilling Engineering Software Kit (also... Continue Reading →

April 15, 2020 0

WITH INNOVATIONS IN DIGITALIZATION AND SUBSEA, R&D PROJECTS IN BRAZIL TOTALED R $ 1.9 BILLION IN 2019

Apr 15, 2020 The oil companies operating in Brazil disbursed, in 2019, approximately R $ 1.9 billion in research, development and innovation projects. Despite the amount being lower in comparison with the previous year (decrease of 4.5%), companies kicked off a large volume of projects that promise to bring many advances to the exploration and... Continue Reading →

April 15, 2020 0

Fall in oil prices creates greater challenge for small and medium-sized oil companies

Apr 14, 2020 The oil price crisis, aggravated by the drop in demand due to the new coronavirus pandemic, forces large oil companies to cut costs, cut investments and concentrate efforts on more profitable assets. The scenario, however, is more complex for small and medium producers, who, in general, have fewer opportunities to reduce costs... Continue Reading →

April 14, 2020 0

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Category: Operators

YPF Selects Emerson Technology as Its Corporate Seismic Interpretation Application

Shell Sets Oil Sector’s Broadest Carbon Reduction Plans

Wilson Sons completes eight years without lost time accidents at offshore support bases

ANP Permanent Offer Auctions in the second semester

PEMEX expects its oil hedges to generate $311 million this year

Weatherford tallies three deepwater firsts offshore Brazil

Coronavirus delays second phase in Equinor’s Peregrino field, sources say

Total picks eDrilling for well construction planning technologies

WITH INNOVATIONS IN DIGITALIZATION AND SUBSEA, R&D PROJECTS IN BRAZIL TOTALED R $ 1.9 BILLION IN 2019

Fall in oil prices creates greater challenge for small and medium-sized oil companies

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