Asset Management
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.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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Norwegian oil company gets $220 million for 28% of the license. -
Italian company finds 200 million BOE with its Block 7 exploration well.
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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
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The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
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Geologists have identified a formation with a world-changing potential for carbon dioxide storage, but some engineering is required.
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An energy transition symposium was held in February in Washington, DC, to inform and engage policymakers and the policy community in the US capital from the perspective of the engineers and geoscientists who currently work to supply 60% of the world’s energy.
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High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
