Seismic offshore Congo highlights presalt opportunity

Shooting new 3D seismic and reprocessing legacy data offshore Congo (Brazaville) will lead to near-term exploration despite an overall decline in exploration worldwide as the industry works toward oil-price stability. Source: News


Discipline, simplicity crucial for project execution overhaul

Aided by a plunge in crude oil prices from $100/bbl in summer 2014 to less than half that level at this writing, the oil and gas capital project market-particularly in the exploration and production space-has dropped off dramatically since a peak in activity during 2012-13. Source: News