Asset Management
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
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A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are. -
Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.
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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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Fatih Birol, the head of the International Energy Agency, says in an interview that rising geopolitical threats to global oil and natural gas supplies are hurting the appeal of fossil fuels as reliable, safe energy sources.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
