Asset Management
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
Under the agreement, Trafigura will pay Gabon $1 billion for future crude export deliveries over 7 years.
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development. -
DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
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The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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Oil and gas companies drilled 75 “high-impact” wells in 2024, representing 5.2 billion BOE.
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Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
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Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year.
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The Dutch marine contractor says it plans to outfit its construction vessels with small modular reactors over 5 years.
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The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
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Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
