Management
Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
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Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.
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Sage Geosystems said it will use the new equity funding to build a geopressured geothermal system by year's end.
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An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
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Specialty forgers manufacture custom, seamless rolled rings in a variety of materials and finishes in as little as 8 weeks.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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Mitsubishi, Kraft Heinz, and Petrobras develop plans for hydrogen plants, and the US Department of Energy funds projects throughout the country.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.