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.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
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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The acquisition adds well completions services for conventional and unconventional reservoirs. -
The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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Company will add Molykote lubricants, designed for oilfield use, to its slate of materials offerings.
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It seems obvious that to manage the reduction of methane emissions an operator needs to measure the emissions, report them accurately, and then take action to mitigate them. But what might seem obvious gets tricky: Just what matters, and how can an operator efficiently and accurately measure those factors?
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Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.
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Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.
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Gazprom Neft and a cloud computing joint venture involving Abu Dhabi National Oil Company have signed an agreement to commercialize jointly developed digital solutions in Russia and the Middle East.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
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The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
