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.
-
The energy transition may drive a massive increase in renewable-power capacity in the electric market, but global demand growth is expected to be so strong, liquid fuel consumption could also be much higher in 2050. -
Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
-
The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.
-
The 21st ministerial meeting between OPEC and its non-OPEC allied countries ended with no change of course. However, markets reacted by pricing in the potential of a supply shortfall.
-
Sale of the assets could raise around $1 billion.
-
-
Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
-
Flow rate is a major challenge for geothermal. However, the techniques used in shale to prevent flow localization can be applied directly to geothermal. If we can create hundreds or thousands of flowing fracture pathways around a horizontal or deviated geothermal well, then we will have truly “changed the game.”
-
Operator inks $252 million deal for use of newbuild drillship.
-
Electric-powered fracturing fleets looked impressively resilient in 2020 amid what was otherwise a significant collapse for the hydraulic fracturing sector. Today, the situation is more complicated.
