Asset Management
As 50-50 joint venture partners in Arrow Energy, the operator of the Surat Gas Project, Shell and PetroChina will share the AUD 713 million (USD 501 million) cost of Phase 3.
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.
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The NeoLith pilot plant is on track to begin operations before the end of the year. -
As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.
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The Mexican state oil company believes it has found a new oil field on par with past billion-bbl finds.
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.
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The filing is part of a plan to restructure the DJ Basin operator while completing a previously signed merger agreement.
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The infrastructure engineering software firm is expected to pay more than $1 billion to acquire geological and geophysical modeling software developer Seequent.
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Another technology developer is trying to convince oil companies that they really do need more power and downhole data while drilling.
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The combined company will move forward as Expro Group and maintain an operational headquarters in Houston.
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The deal adds acreage in North Dakota’s Williston Basin.
