Energy transition
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Altitude Energy Partners optimized drilling efficiency by minimizing dysfunctions and protecting downhole components. Their directional drilling team ensured consistent curves and laterals through precise BHA design, modeling, and trajectory control—reducing nonproductive time and drilling costs, and achieving a 100% improvement in efficiency by pad completion.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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Glenfarne Energy Transition’s Texas LNG liquefaction plant will be built in the Port of Brownsville, Texas.
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An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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A gold strike was announced in October. But in this case the gold was naturally occurring hydrogen in a former coal basin in France.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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In this podcast episode and transcript, Terry Palisch talks about the impact of the energy transition on the industry and technology and how SPE is helping its members adjust to the shifting landscape.