Asset Management
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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Driller expects $370 million, all-stock transaction to close in early 2025.
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Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
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The third quarter marked the first reporting period that two publicly traded US oil and gas companies did not combine since 2022.
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DNV’s Energy Transition Outlook 2024 projects continued growth in solar; slower growth in wind; and declines in coal, oil, and gas, while hydrogen and carbon capture projects are struggling.
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We’re thrilled to announce the launch of the 2025 SPE/JPT Drilling and Hydraulic Fracturing Technology Review. This exclusive, official publication will be distributed at three major SPE industry events.
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Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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The SPE Europe Energy GeoHackathon aims at educating and disseminating knowledge to all the participants on how data science applications can support geothermal energy developments and drive the energy transition. Boot camps begin 21 October.
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Canadian Natural Resources strengthens its position as a leading oil and gas producer in Canada.
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By adding this latest EPCI contract for pipelines and cables to earlier awards, McDermott is now responsible for all offshore infrastructure associated with Qatar's massive North Field Expansion.
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The agreement formalizes JV ownership of Turnwell Industries which ADNOC Drilling created to manage a $1.7 billion unconventional drilling contract awarded in May.