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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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics. -
Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
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The project will implement two distinct carbon technologies aimed at capturing and storing carbon dioxide. Svante’s CEO Claude Letourneau describes his company’s solid-sorbent technology used in collaboration with Climeworks, one of the awarded companies.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
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The US supermajor aims to speed the commercialization of a new liquid solvent that strips carbon dioxide from industrial flue gas.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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As the biggest US companies grow bigger, the advantage of scale becomes clearer.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil
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The world's largest oilfield service company made the deal to expand its exposure to the less cyclical production segment of the upstream business.
