Asset Management
The ultrasonic wellbore imaging firm is being taken over by Blackstone, the world's largest alternative asset manager.
New geothermal technical content and programming will highlight knowledge transfer among oil and gas and geothermal professionals.
As the company works to realign its portfolio, it puts its North Sea assets in the crosshairs.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid.
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The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
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The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
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Companies join forces in carbon capture project near LNG facility.
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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.