Management
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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Companies join forces in carbon capture project near LNG facility. -
Collaboration seems to be the name of the game as a slew of companies get together to drive the energy transition. These companies are focusing on alternative sources of methane, new ways of making hydrogen, and new ways of keeping track of it all.
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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion.
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The new production vessel will be installed at the state oil company’s Parque das Baleias complex.
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“Where is Shell based?” The answer to that is likely to get simpler very soon.
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Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.
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Although offshore drilling demand is slowly getting better, headwinds remain.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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The supermajor and service company that have long been partners on oil and gas projects said they are exploring new models to fit the energy transition. They also separately announced this week new plans to expand into the hydrogen market.
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Union of rival contract drillers will create one of the largest offshore rig companies.
