Asset Management
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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Successful well trio adds as much as 30 million BOE of recoverable reserves. -
The drilling of the Berling field will begin in the third quarter of 2026, with gas and condensate production expected in 2028.
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A new report said the US supermajor has made its second move in a month to enter the emerging lithium extraction industry.
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The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
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A new paper warns that meeting emission reduction targets in the top US oil basin will require a fourfold increase in available grid electricity.
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The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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A flurry of activity has resulted in several long-term contract extensions.
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The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
