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HR's Role in the Oil and Gas Digital Transformation

Industry Headlines

Crude Oil Markets Tank
Tuesday, December 18, 2018 Crude oil futures plunged Tuesday, but natural gas regained some of its recent lost momentum.

Canada to Invest C$1.6B in Oil and Gas Sector
Tuesday, December 18, 2018 The Canadian government has pledged more than C$1.6 billion to the country's struggling oil and gas sector to support jobs and workers.

HR's Role in the Oil and Gas Digital Transformation
Tuesday, December 18, 2018 A new survey by KPMG finds that some oil and gas HR executives are still a bit hesitant to transform their workforces to keep up with the industry's digital transformation.

Strong Outlook for Offshore Service Market
Tuesday, December 18, 2018 The outlook for offshore oilfield service contractors is strong, according to Rystad Energy.

David Bernhardt to be Named Acting Interior Secretary
Monday, December 17, 2018 David Bernhardt is expected to be named acting Interior secretary by President Donald Trump.

Digital Transformation Disrupts Oil and Gas
Monday, December 17, 2018 The oil and gas industry's digital transformation begets a new set of challenges and opportunities.

Upstream Firms Positioned to Thrive
Monday, December 17, 2018 Upstream companies are positioned to thrive in 2019, according to Wood Mackenzie.

Oil Prices Fall Below Key Thresholds
Monday, December 17, 2018 WTI and Brent crude oil futures settled below the psychologically significant $50 and $60 marks, respectively.

Oil Dives Lower
Tuesday, December 18, 2018 Oil dived lower near $49 a barrel as investors sought more assurance that OPEC's output cuts will work in the face of surging U.S. supply.


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Exploration

Exxon Becomes Permian Drill Chief
Tuesday, December 18, 2018 ExxonMobil has overtaken rivals to become the most active driller in the Permian Basin.

OGA Releases More Data to Help UKCS Exploration
Wednesday, December 12, 2018 The UK's OGA is continuing to make more and more data openly available to help revitalize exploration of oil and gas in the UKCS.

Libya Declares Force Majeure at Largest Field
Monday, December 10, 2018 Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt.

Eni Makes New Oil Discovery
Monday, December 10, 2018 Eni announces a new oil discovery in the Afoxe exploration prospect, located in Block 15/06 offshore Angola.

Deepwater Block Writing Guyana's Future
Wednesday, December 05, 2018 Latest discovery pushes Guyana to become LatAm oil production heavy-hitter.

Offshore Mexico Appraisal Well Spuds
Tuesday, December 04, 2018 The Zama discovery appraisal program will include three penetrations: two wells and one sidetrack.


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Production

Qatar Petroleum Boosts Offshore Mexico Profile
Monday, December 17, 2018 QP will gain a stake in three Eni-operated fields in Mexico's shallow-water Area 1.

NCS Field Comes Online
Monday, December 17, 2018 Production has started from the Aasta Hansteen gas field in the Norwegian Sea.

ExxonMobil and BHP Greenlight Offshore Australia Project
Thursday, December 13, 2018 The project will develop one of the largest remaining sweet gas reservoirs in Australia's Bass Strait through a two-well brownfield tieback.

Alberta's Output-Cut May Be Working Too Well
Wednesday, December 12, 2018 Alberta's plan to boost crude prices through mandatory production cuts is working a little too well.

EIA Says US Domestic Oil Production Rising Despite Lower Prices
Tuesday, December 11, 2018 The US government left its forecast for domestic crude production unchanged for 2019.

Offshore Angola Field Achieves First Oil
Monday, December 10, 2018 Eni starts oil production from the Vandumbu field in Block 15/06 offshore Angola.


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Finance and Investing

Drop in Crude to Test Big Oil's Devotion to Spending Discipline
Wednesday, November 14, 2018 The world's biggest oil companies have been saying that by keeping a tight rein on spending today, they'll be fortified against the next crude-price collapse.

Gastar Exploration Files for Chapter 11 Bankruptcy
Monday, October 29, 2018 The pure play Mid-continent energy company has entered into a restricting support agreement with its largest creditor and shareholder.

Private Equity Needs Long-Term Approach to Cash in on Shale
Monday, October 22, 2018 For private equity, the game plan for cashing in on the U.S. shale boom is shifting from quick flips to long-term commitments, according to one veteran energy investor.

Aramco Is Not Alone as Saudi Arabia's Privatization Push Slows
Thursday, September 20, 2018 Aramco may have grabbed the biggest headlines, but the oil giant's delayed initial public offering is just the latest sign of Saudi Arabia's slowing privatization push.

Qatar Calls For Increased Investment In Oil And Gas Markets
Thursday, September 06, 2018 Qatar's energy minister calls for oil-producing countries to boost investment in the oil and gas sector given a recovery in the price of oil.

Weatherford CEO Expects 2018 EBITDA To Nearly Double
Wednesday, September 05, 2018 Weatherford International's full-year earnings before expenses will nearly double from last year, CEO Mark McCollum says.


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Company Operations

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

CNOOC in Cooperation Pact with Majors
Tuesday, December 18, 2018 China National Offshore Oil Corporation signs strategic cooperation agreements with several oil and gas majors.

Sources Say Shell In Talks to Buy Endeavor
Tuesday, December 18, 2018 Shell is in negotiations to buy Endeavor Energy Resources for about $8 billion, according to people familiar with the matter.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble has racked up new contracts in the US Gulf, Australia and South America.

Weatherford Sells Data Logging Business to Pay Debt
Monday, December 17, 2018 This is one of a series of planned divestitures by the oilfield services company that was recently warned of delisting by the NYSE.

Unite Members to be Balloted on New OCA Offer
Friday, December 14, 2018 UK union Unite says its 2,500 members covered by the Offshore Contractors Association are to be balloted on a new pay offer.

Premier Oil Eyes Bid for Chevron's North Sea Assets
Thursday, December 13, 2018 Premier Oil is considering a bid for a package of North Sea oil and gas assets put on the block by Chevron.


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