Asset Management
LibertyStream has signed a feedstock agreement with Goodnight Midstream to support its first commercial lithium carbonate facility in North Dakota's Bakken, advancing plans to extract battery-grade lithium from produced water.
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
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Operator also moves forward with electrification of the Njord field. -
Barriers remain, but oil companies across the world are now in a position to reap big profits by capturing methane instead of flaring and venting it.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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A breakthrough fusion demonstration at Lawrence Livermore National Laboratory produced more energy than it used—a historic first.
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Transocean rigs will start new contracts in Brazil in the second half of 2023.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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The French supermajor is looking to drill Lebanon's first successful exploration well by the end of next year.
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Both companies are set to increase their investment in the Permian Basin in the new year.
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NewMed’s planned merger with Capricorn Energy may benefit the Israeli company’s Moroccan offshore activities considering that Capricorn had explored the same area in its previous business incarnation.
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This year has seen the highest amount of capacity sanctioned since 2010.
