Asset Management
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
-
By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub. -
The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project.
-
The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
-
A recent study highlights the major challenges the technology faces as operators consider the pros and cons of using additive manufactured parts in a corrosion-prone environment.
-
This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships.
-
Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
-
The money will aid the partnership of Equinor and Standard Lithium in constructing a processing plant, which, in its first phase, is targeted to produce 22,500 tonnes of lithium carbonate per year for use in battery production.
-
Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
-
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
-
Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
