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.
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Grupo Carso is securing a significant interest in the field ahead of final investment decision. -
Production from the Dover field is expected to start in late 2024 or early 2025.
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Organizers are calling on early-stage innovators that can advance the energy space to compete for recognition and cash prizes at the upcoming SPE Annual Technology Conference and Exhibition (ATCE).
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The state’s clean energy boom could be impeded by Texas leaders’ push for legislation that would boost natural gas and place new restrictions on wind and solar projects.
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The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market.
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The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
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The contracts are for work in the Black Sea and North Sea.
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Premier Corex and Teverra will be combining their efforts to aggregate data for companies involved in large-scale geothermal projects.
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SPE Journal has issued a call for papers for the 11th Comparative Solution Project (CSP) Special Issue. Organized by guest editors Anthony Kovscek (Stanford University) and Knut-Andreas Lie (SINTEF), submissions that are both directly and indirectly related to the 11th CSP will be accepted.
