Asset Management
LibertyStream has signed a feedstock agreement with Goodnight Midstream to support its first commercial lithium carbonate facility in North Dakota's Bakken, advancing plans to extract battery-grade lithium from produced water.
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.
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The facility is the second delivered under Aker BP’s platform alliance designed to use a more integrated project delivery model.
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Australian E&P rivals will merge to form a $16-billion producer with diverse asset set weighted toward natural gas and LNG.
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The third quarter has so far not seen any mergers and acquisitions in the shale business that top $1 billion.
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The divestments leave PDVSA as sole shareholder of the onshore Petrocedeño project in the Orinoco Belt.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
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The authors describe and assess the World Economic Forum’s initiative to develop human capital for the oil and gas industry at Satbayev University in Kazakhstan.
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New reserves will likely be developed via subsea tieback
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Finds could lead to Turkey becoming an exporter of natural gas
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Three-well plus two options campaign could add material gas reserves
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Forecasts for oil demand are looking up. Will the optimistic views prove to be on target? We have learned how the market can shift or wildly careen, both historically and in the very recent past. The outlooks, which reflect a consensus of sorts, is encouraging for producers.