Asset Management
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
The DOE-backed EGS-Twin project aims to simulate geothermal production systems, helping operators better predict performance and maximize output.
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Two new US Department of Energy funding programs focus on improving shale recovery, mitigating produced-water risks, managing sour gas, and enhancing facility efficiency.
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Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
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The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
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SponsoredEffective data analysis depends on seeing connections that matter. Explore how Spotfire enables a more intuitive approach to understanding petroleum data.
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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
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The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
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The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
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The deepwater infill project is Esso Nigeria's first drilling campaign in a decade and is expected to boost Usan's production by up to 40,000 B/D.
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The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.