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.
-
One new license holds the future location of the Gale exploration well. -
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.
-
High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.
-
Italian company finds 200 million BOE with its Block 7 exploration well.
-
Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
