Business/economics
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it. -
The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
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The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
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The heated global jackup rig market has day rates for premium units climbing higher.
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Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
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The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin.
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Diamondback Energy has agreed to spin off its water operations. Now, who’s next?
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Bernard Looney resigns, Murray Auchincloss takes over as acting CEO.
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On a pro forma basis, the mineral and royalty arm of the Midland-based oil company owns interests covering more than 32,000 net acres in the Permian Basin.
