Asset Management
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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AI can transform our work, but it demands the highest accuracy. Anything less than perfect in oil and gas and other heavy-asset industries is unacceptable. -
The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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A new type of porous material called a covalent organic framework quickly sucks up carbon dioxide from ambient air.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.
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Subject-matter experts from industry and academia advanced distributed fiber-optic sensing technologies and their implementation in flow measurement during a special session.
