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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Maximizing profits in geothermal energy may require the flexibility to adjust output as electricity prices fluctuate. Battery storage can ensure power is available when prices peak.
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The Eagle Ford deal comes as the US LNG market's growth remains stunted by policy.
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The facility for open-source carbon capture, transport, and storage has been completed.
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New names and new deals continue to reshape the US shale sector.
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The conference program focused on powering the future of energy with a century of innovation.
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Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE.
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In this exclusive Q&A, Giovanni Cristofoli, senior vice president of bp Solutions, shares insights into how his team is redefining operational strategies and fostering agility to bridge competitive gaps and enhance efficiency. Highlights include the integration of digital tools, data science, and a unified approach to tackling complex problems.
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Stable policies and economics that encourage development are critical for scaling carbon capture.
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The joint venture will be responsible for engineering, procurement, construction management, and commissioning of the planned 16.5-mtpa facility.
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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.