Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
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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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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
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The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
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The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
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The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
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Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
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Machine learning has been shown to have a promising role in oil and gas explorations in recent years. Among the applications, determining a proper location for injection and production wells along with their optimal operating conditions is a complex problem.
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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.