Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
-
Offshore work related to the contract is slated to begin in 2024. -
One new license holds the future location of the Gale exploration well.
-
Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
-
The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
-
The rigs will work in the Norwegian Sea and on the Johan Castberg field.
-
Supermajor down, but not out of Brazilian exploration game.
-
Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required.
-
The operator had been in communication with government about the future of the permits since 2020.
-
Norwegian oil company gets $220 million for 28% of the license.
-
An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
