API’s IM standards boost offshore safety

API is continuing to lead the way on safety

New players grow presence in Southeast Asia

Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift ...

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Thailand offers two blocks under first ever PSC regime

Thailand has launched a bidding round offering two offshore blocks under a PSC regime for the first time in the ...

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Woodmac expects 30 major project FIDs in 2018

Wood Mackenzie in 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than ...

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New subsea tech could unlock 400 million additional barrels

Developing new subsea technology and approaches to field developments could help unlock 400 million additional ...

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Woodmac: Offshore decom in APAC region could cost $100B

Decommissioning of nearly 2,600 platforms and 35,000 wells in the Asia Pacific region could cost over $100 billion.

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Woodmac: Record production ahead for U.S. Gulf of Mexico

Energy intelligence group Wood Mackenzie expects to see a record production from the U.S. Gulf of Mexico in 2018. ...

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Global oil exploration spend to drop further in 2018

Global oil exploration investments in 2018 are expected to be lower than in 2018

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WoodMac podcast: Zama discovery 'exciting for Mexico'

July 13, 2017 - Wood Mackenzie’s "Energy Alert" podcast takes a closer look at the big news regarding Talos’ Zama ...

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Woodmac: Number of upstream FIDs set to double in 2017

This year might be a turning point when it comes to the number of expected final investment decisions for upstream ...

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Woodmac: Centrica's Rough closing 'leaves a big hole'

Following Centrica Storage’s Tuesday announcement that it would not reopen its 3.4 bcm Rough storage ...

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Renewables a threat to oil majors, but also an opportunity

A niche energy market now, renewables will be much bigger by the middle of the next decade, and a theme not to be ...

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Woodmac sees modest growth, record M&A in UK upstream sector

Following the low activity in the UK upstream industry in 2016, the energy intelligence group Wood Mackenzie ...

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Woodmac: Deepwater will spring back to life in 2017

Energy intelligence group Wood Mackenzie sees the deepwater upstream oil and gas sector springing back to life in ...

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Woodmac: What's on the horizon for o&g exploration?

The global oil and gas exploration spending, which has been trimmed since the oil prices went down in 2014, will ...

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Wood Mackenzie's upstream business gets an upgrade

Verisk Analytics, a data analytics provider and the owner of the energy intelligence firm Wood Mackenzie, has ...

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Wood Mackenzie: Global oil supply faces shortfall

The global oil market could face a supply shortfall of 4.5 million b/d by 2035, if exploration success ...

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Woodmac: Oil market to recover faster than 30 years ago

Thirty years ago, the film ‘Back to the Future II’ made some amazingly accurate predictions about ...

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Wood Mac: Why aren't oil producers turning off the taps?

Around 3.4 million barrels per day (b/d) of oil production is cash negative at a Brent oil price of $35, Wood ...

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Wood Mac: Cost savings advanced deepwater projects

Wood Mackenzie’s mid-year prediction that only ‘a handful’ of major projects would make financial ...

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Wood Mac: M&A activity to increase in 2016

Wood Mackenzie, one of the world’s largest energy market intelligence companies, expects that upstream merger and ...

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Wood Mac: Big prospects to test in Barents Sea

The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd ...

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