In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday. While conversation ranged over a variety of issues, Saligram opened the dialogue with a single word to describe the current state of the offshore market: “turbulent.”
Author Archives: finixxgroup
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Evolution Petroleum Corporation said it completed its acquisition of non-operated oil and natural gas assets located in New Mexico, Texas, and Louisiana.
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NEW YORK, April 25 (Reuters) – Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China.
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Oil and gas companies are increasingly focusing on near-field or infrastructure-led exploration (ILX) to reduce costs and risks in a challenging market environment.
