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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The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.
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The leading oilfield services firms say a multiyear upcycle is driving improved pricing and technology uptake.
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Recent events serve as a stark reminder that nations must ensure they have broad access to hydrocarbons and protect their power grids as they venture forward in the energy transition.
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Exxon sets its sights on zero, while Thyssenkrupp aims squarely at hydrogen. The wind blows the world over, and the struggle to grab carbon and put it back in the ground continues. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.
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Why you should be cautious about using today’s higher inflation rates in your asset-retirement calculation.
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Compared with 2020, the largest discoveries made last year may hold just a third of the oil and gas reserves, according to new data from Westwood Global Energy Group.
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Grants have been offered to four separate pilot-style projects in order to test the geothermal potential of old oil and gas wells.
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Combination announced last November must still gain clearance from authorities in the UK and Denmark.
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Tight gas supplies, and uncertain Russian gas supplies mean sky-high prices for LNG suppliers now and a chance to lock in attractive contracts long term. But this opportunity won’t last forever.