Management
Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
Students, young professionals, and industry enthusiasts are invited to participate in the GEODE Consortium's Datathons focusing on geothermal, oil and gas, and data science.
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The last couple of years, I have highlighted efforts around remote operations of fields, smart wells, and the acquisition and integration of real-time data. This year, I have focused on recent drilling-related papers that highlight how safety and performance can be improved with more-intelligent operations.
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The combined company will get a new name and a new focus on offshore renewables and other clean energy projects.
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Schlumberger, Baker Hughes warn of an uncertain future for their work in Russia while Halliburton prepares for a full wind down. In turn, all look to North America for revenue growth.
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As Europe’s second-largest LNG hub after Spain, the UK promises to play a near-term role as an “energy bridge” to ease the EU’s dependence on Russian energy, given that the UK can ship regasified product directly to the continent via subsea pipeline.
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Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.
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The price of natural gas always drops when winter weather ends, but maybe not this year.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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New to the exhibit floor this year, the Energy Transition Pavilion will present advancements in alternative energy sources and the technology being developed to decarbonize, drive sustainability, and improve energy efficiency.
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The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.
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Delek Group subsidiary Ithaca Energy has acquired private equity-backed Siccar Point Energy to become a major player in the North Sea.