Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
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.
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The Uaru development is expected to pump 250,000 barrels of oil at peak. -
The trend in falling petroleum engineering graduation rates is good for job seekers.
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New gas discovery is the first made on the Norwegian continental shelf this year
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Uganda’s Lake Albert appears on track to first oil by 2025. The oil is expected to be exported via the 1443-km East Africa Crude Oil Pipeline.
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Select Water Solutions will focus on water management and added assets in the Permian Basin.
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Record prices and the need for energy security are driving US LNG market momentum.
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The proposed sale notice consists of more than 300,000 acres in three designated areas offshore Louisiana and Texas.
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The company has tapped Bechtel to complete the front-end engineering and design study of the expansion, which would add 20 mtpa of LNG production capacity.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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Equinor advances Irpa and Verdande field development projects closer to first oil with a raft of contract awards.
