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.
-
A new report from Rystad Energy sees strong labor wage growth testing the budgets of US shale operators. -
The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
-
The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
-
The University of Texas at Austin leads new energy consortium in partnership with multiple entities from academia, national labs, and a research center for development of the Permian Energy Development Laboratory.
-
Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
-
Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
-
The Calgary-based shale producer said the deal involves at least 600 new well locations that will keep it drilling for the next 20 years.
-
The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
-
The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
-
With mobilization in China normalizing, new Wood Mackenzie analysis expects the country to account for almost 40% of global growth in oil demand this year.
