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Whitecap enters into the liquids-rich Duvernay play, including 74,000 acres with more than 250 identified drilling locations.
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The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.
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The sale is subject to the closing of the acquisition by BW Energy of the 100% operating working interest in the Golfinho field from Petrobras.
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Disruptive digital technologies change the world, altering fundamental aspects of how we work and live. A new generation of digital technologies, enabled by blockchain, could make processes faster and create opportunities both for businesses and individuals. Blockchain-based technology could also help accelerate the energy transition.
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The deal with Manulife gives Oxy unit 1PointFive access to 27,000 acres of subsurface pore space for carbon sequestration.
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ExxonMobil's departure leaves BP and Shell as the last international oil companies in Iraq.
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The LNG provider has firmed up financing that will allow it to proceed with construction of the third stage of the Texas coast liquefaction project.
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Another day, another deal for ProFrac.
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The new areas are expected to make a significant contribution to the government’s target of capturing and storing 20 million–30 million tonnes of carbon dioxide per year.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
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ADNOC aims to shift $19 billion in procurement contracts to local manufacturers to grow the UAE economy and attract new investment.
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Plenary panelists at URTeC offer possibilities as society looks to bridge today’s reality of hydrocarbon usage with tomorrow’s promise of carbon-free energy.
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