Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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.
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond. -
QatarEnergy has tapped TotalEnergies as its first international joint venture partner for the North Field East expansion—the world’s largest LNG project ever.
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In a new report from DNV, global hydrogen production is projected to increase by an order of magnitude from 2030 to 2050. But it will still not be enough to satisfy net-zero targets.
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The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.
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Johan Castberg is the biggest oil field to ever be discovered in the Barents Sea, but a constellation of satellite fields are likely needed to keep the development afloat.
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Hitting the next well during fracturing happens all the time. Predictably doing that on a large scale in granite looks a lot harder.
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NASA, the European Space Agency, and the British government are reconsidering an old idea to beam space-based solar energy to Earth in light of new technologies that might lead to commercial feasibility.
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The 23-country group is seeking to end its historic supply cuts a month early as oil prices march upwards.
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Opportunities are created at the intersection of two important energy problems—the need for large-scale, long-term energy storage systems and effective end-of-life field management of historical oil and gas assets. This paper presents a hyperscale energy-storage solution using repurposed idle oil and gas wells to store energy in subsurface saline aquifers.
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The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
