Asset Management
The Pinnington project in North Texas is the company’s largest solar project in the state and brings Repsol’s renewable energy generation capacity in the US to greater than 2 GW.
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
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In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE. -
Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.
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An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
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TechnipFMC diver Stuart Cowie shares his 17-year experience working as a saturation diver in the oil and gas industry and how to manage mental health and well-being during the often-isolating work demands.
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Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.
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This is DNO's tenth significant find in the hotspot area offshore Norway.
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The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.
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The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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The energy-focused LLM project by Aramco Americas, SPE, and i2k Connect has entered the testing phase and is on track for licensing to operators later this year.
