JPT Topics

SPE.org 

The author argues that the advent of cloud technology should not be regarded as a further challenge to security but an opportunity to revitalize and improve a company’s defenses dramatically. A comeback in offshore and international exploration and production is making up for the North American slowdown, but it is a difficult transition. The Bakken and Niobrara operator will eliminate 254 jobs in an effort “to better align [its] business with the current operating environment.” UK operator Trident Energy is entering Brazil while Australian firm Karoon Energy is expanding its position in the country. Both will try to boost output from already-producing assets.