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.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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Egypt bags its newest wind project with UAE to feed future electrical flows regionally and eventually to Europe. -
Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
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The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.
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The US/UAE Partnership for Accelerating Clean Energy (PACE) is set to catalyze $100 billion in financing, investment, and other support and to deploy globally 100 GW of clean energy by 2035 to advance the energy transition and maximize climate benefits.
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Methods inspired by artificial intelligence and software development help generate more ideas that add more value.
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BP and Equinor win four deepwater exploration blocks in the C-NLOPB’s call for bids.
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The deal upon closing at year-end would expand Marathon’s position in the south Texas shale play by 130,000 net acres.
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Contractor will conduct FEED work on ExxonMobil’s Uaru development, which is expected to lead to construction and installation work.
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Makers of continuous sucker rods are out to convince customers that it really is possible to make a better sucker rod that could save them some money.
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The Cengkih discovery will likely be tied back to the nearby Pegaga field.
