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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First production from the UK North Sea gas field is expected in the second half of 2025.
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Santos will seek an expedited appeal of the Australian Federal Court decision.
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The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
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The ATCE Startup Village is a partnership between SPE and the Rice Alliance for Technology and Entrepreneurship at Rice University. Find out which firms took this year's top honors during the annual competition.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.
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The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
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Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.
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The decision to spend more than $700 million comes 4 years after the French giant shelved the project amid low oil and gas prices.
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The energy giant is set to gain new leadership in the new year.