Asset Management
The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
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The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028. -
The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.
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Wood Mackenzie analysis projects a full repeal of the Inflation Reduction Act is unlikely, while industry proponents urge permitting overhaul and loosening of burdensome regulations.
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A new type of porous material called a covalent organic framework quickly sucks up carbon dioxide from ambient air.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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Contract awards for EPC on shore-based liquification facilities and FEED for upstream offshore infrastructure in Mozambique’s ExxonMobil–Eni project bodes well for an East African LNG hub.
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With emissions mineralization established as a proven approach, the companies’ next objective is to move the underlying technology toward commercial success.
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Subject-matter experts from industry and academia advanced distributed fiber-optic sensing technologies and their implementation in flow measurement during a special session.
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Speaking at this year's ADIPEC, leaders from BP, Shell, Petronas, ADNOC, and Eni said the energy transition must become profitable and that AI will likely play a key role.
