Management
The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.
Mero expects to increase its production capacity to over 700,000 B/D.
The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
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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.
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A 44-well development tests what ConocoPhillips has learned about maximizing the value of the wells by figuring out how they drain the reservoir.