Asset Management
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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The Research Council of Norway’s $118,000 grant will support development of longer fishbone laterals to raise production while lowering carbon footprints.
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With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
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The Scarborough energy project is targeting first LNG cargo in 2026.
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Deepwater US Gulf field is now pumping hydrocarbons back to the Appomattox platform.
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The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
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The work covers integrated well construction services for the Búzios field off Brazil.
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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.