Management
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
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Operator TotalEnergies and rig owner Vantage Drilling form joint venture to purchase the Tungsten Explorer. -
As Southeast Asia’s third-largest gas producer, PTTEP is investing in its energy security by prioritizing gas production and building up a global LNG supply chain.
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SponsoredWhile WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation.
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The first two wells at Brava Energia’s Atlanta field are producing, with four more to be connected this year.
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In this study, artificial-intelligence techniques are used to estimate and predict well status in offshore areas using a combination of surface and subsurface parameters.
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The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
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Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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Updates about global exploration and production activities and developments.
