Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
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The conference represents a new direction for SPE’s EuropEC as it adapts to the energy transition. The call for papers is open.
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Calgary's Strathcona Resources is adding 35,000 BOE/D in a deal that will boost its total output to 185,000 BOE/D.
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SponsoredThe Wyoming Gas Injection Initiative (WGII) makes available $22 million of matching funds from the State of Wyoming to implement, in close collaboration with oil and gas operators and Dow, multiple field pilot projects in the State of Wyoming. The Initiative will fund projects over a 3- to 5-year period to support developments with significant potential to enhance wel…
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The two oil producers said they may invest in industrial-scale direct air capture and other decarbonization projects in both the UAE and US.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
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The wells in its Tishomingo field add more than 1,500 BOE/D to the company’s production.
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The announcement underscores the potential importance of the Orange Basin.