Asset Management
Equinor generated its first revenue from the Adura joint venture with Shell, formed in late 2025, highlighting strong early cash flow from key UK fields including Mariner and Buzzard.
Acting director of the new center Ale Hakala outlines the research priorities guiding the newly established center’s focus on production enhancement technologies.
AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
-
This study highlights how the recovery and reuse of existing hydrocarbon infrastructure can contribute to the diffusion of district-heating projects that implement the principles of the circular economy. -
Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
-
In a deal described as possibly "one of the most important transactions BP has done in 20 years" by CEO Murray Auchincloss, the company has agreed contractual terms with the Iraqi government to invest in drilling and infrastructure to rehabilitate and boost production at the Kirkuk oil field.
-
Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
-
The engineering and construction firms take the first steps toward combining companies.
-
The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.
-
A recent report from Wood Mackenzie highlights the role of natural gas in supporting renewables and reducing emissions.
-
The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin.
-
Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.
-
SponsoredElectrical submersible pumps (ESPs) are the backbone of artificial lift operations, enabling the extraction of hydrocarbons from challenging reservoirs. However, their effectiveness is often compromised by the extreme downhole environment, characterized by soaring temperatures, high pressures, and exposure to aggressive fluids.
