OUR GREAT MINDS

Exploration & Production Featured Stories:

    • DIGITALIZATION: Siemens and Aker Collaborate

      by Tina Olivero

      The collaboration focuses on the creation of software applications and joint service offerings including the development of industrial digital twins that will drive efficiency throughout the entire plant lifecycle. In addition, the companies will further develop specific offerings for the oil and gas sector based on Siemens’ Comos engineering platform. These solutions will help customers […]

    • QUICK LOOK: Offshore Newfoundland Mega Potential

      by Tina Olivero

      Offshore Newfoundland and Labrador is predicted to be one of the world’s hot spots for exploration and production in the coming decade. With record-breaking land sales, new basin discoveries and unprecedented seismic offerings and showings, this region is destined for success. The latest entrant to the offshore scene in Newfoundland is BHP Petroleum division. Steve Pastor, BHP President […]

    • Chinese growth predicted 100,000 b/d next year

      by Tina Olivero

      According to ESAI, energy experts predict that 2018 will end with the oil market in surplus.  The surplus could increase in 2019 but OPEC+ will put together a deal to cut production and lift prices. Regions like China are expecting to rebound. China LPG Imports to Rebound Liquefied Petroleum Gas (LPG) imports from China is […]

    • Total inaugurates the Kaombo project in Angola

      by Tina Olivero

      The Kaombo project Located 260 kilometers off the coast of Luanda, on Block 32, in water depth of around 2,000 meters, Kaombo is the biggest offshore development in Angola. The first FPSO, Kaombo Norte, came on stream in July 2018, with a production capacity of 115,000 bopd. The start-up of the second FPSO of similar […]

    • Lloyd’s Register: How will predictive analytics transform oil and gas?

      by Tina Olivero

      57 of the world’s 100 largest oil and gas firms are using, or have plans to use predictive analytics. How will predictive analytics transform oil and gas? Are we ready? A new industry report produced by Lloyd’s Register (LR) – reveals the pace, development and adoption of predictive analytics in the oil and gas sector. […]

    • BHP: Offshore Newfoundland Has A New Player

      by Tina Olivero

      Steve Pastor, BHP President Operations Petroleum said the successful bids offshore Newfoundland are an exciting opportunity for BHP to explore for world-class conventional oil assets as an early mover in this prospective region. He envisions, “This frontier opportunity has large oil resource potential which we identified through our Global Petroleum Endowment Study in 2016 and […]

    • Find out why Statoil changed its name to Equinor

      by Tina Olivero

      The world sat back and wondered why such a world-class brand like Statoil would change its name. The answer came in the word “Change”. Life is about change and Statoil’s vision included the relentless commitment to embracing change, as it stands, as it is! In a world that’s ever-changing, Statoil saw a future of change as […]

    • Offshore Newfoundland Record Breaking Land Sale Results

      by Tina Olivero

      Record bids for exploration licenses offshore have been received as a result of the most recent calls for bids in the Eastern Newfoundland Region and Jeanne d’Arc Regions, both located in the Canada-Newfoundland and Labrador Offshore Area. In total, there was a record cumulative total of $1.38 billion in bids and a record single bid […]

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