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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.

Private explorer Rhino Resources has tapped the oil services giant for upcoming Orange Basin campaign.

Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.

The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.

To meet the objective of balancing economic prosperity, energy security, and environmental protection, a natural gas gasification process within a downhole completion tool is proposed that converts methane wells into hydrogen production wells, while simultaneously capturing the process-generated carbon downhole and reinjecting the carbon dioxide into the surrounding g…

The final rule amends existing regulations and increases the level of financial assurances that operators must provide in advance.

The contractor will provide 17 pipeline centrifugal compressors for Aramco’s ongoing project in Saudi Arabia.

The Bureau of Land Management finalized the Management and Protection of the National Petroleum Reserve in Alaska rule aimed at more than 13 million acres in the western Arctic.

Belgium, the Netherlands, Germany, Norway, the UK, and Denmark have signed a joint declaration aimed at protecting critical infrastructure in the North Sea, including subsea fiber-optic cables, gas and oil pipelines, electricity transmission cables, and offshore wind installations.

In 2022, Hess and the government of Guyana announced an agreement for the company to purchase 37.5 million REDD+ carbon credits directly from the government, one of the largest private-sector forest preservation agreements in the world. This paper explores the analysis of decarbonization pathways, voluntary carbon markets, and individual carbon offset projects that ul…

In the pursuit of sustainable industrial operations, three pivotal objectives emerge: risk reduction, safety assurance, and cost minimization. Integrating these objectives into digital transformation strategies enables operators to effectively manage emissions and achieve success.

The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.