Asset Management
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.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
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In a new TEDx Talk, Scott Tinker, director of the Bureau of Economic Geology, explains the energy-environment challenge facing a world in transition. -
Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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With global crude prices trading steadily above $100/bbl since March, the world's largest oil company is now the largest company, period.
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The three US lease auctions were the last planned under the current 5-year federal leasing plan.
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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production.
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Senior Vice President Starlee Sykes told an audience at the Offshore Technology Conference that low-carbon barrels from the company's domestic offshore portfolio will help fund its transition plans.
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ExxonMobil has declared force majeure on its Sakhalin-1 operations in the Russian Far East as risk-averse shippers fearing sanctions refuse to transport Sakhalin crude and production starts to fall.
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Technical advancements and innovative solutions have played a key role in the successful journey of sustainability of deepwater developments. These concepts will remain a catalyst for these assets for the next decades, provided the availability of appropriate resources and executive vision.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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Satellite discovery will likely be tied back to one of the Troll platforms.
