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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.
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NextDecade pushes the final investment decision on project to the first quarter of 2023.
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The data-management company has raised its investment in the technology company IWS by $7.9 million, with an agreement to invest an additional $25 million depending on the performance of IWS.
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Equinor has submitted a plan for development and operations with Norwegian authorities that would add gas compression and electrification to the Hammerfest LNG plant.
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Roughly 190 nations, aiming to halt a dangerous decline in biodiversity, agreed to preserve 30% of the planet’s land and seas. The United States is not officially a participant.
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There are two principles that should guide efforts to rebuild Ukraine’s energy system: ensuring energy security and independence and deepening the connection and economic relationship between Ukraine and the European Union. To accomplish both, Ukraine should develop its potential renewable energy resources.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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The two companies said they will work together to try to find the best places to develop geothermal energy and advance the necessary technologies to commercial scale.
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The Railroad Commission of Texas is inspecting injection wells in the Gardendale Seismic Response Area where a magnitude 5.3 earthquake and multiple aftershocks struck.
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Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
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The optimization process presented in this paper gradually incorporates process control, digital twins, planning, scheduling, and blending for refiners.
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