Asset Management
With a strong presence across US shale in the Bakken, Anadarko Basin, Powder River Basin, and the Permian, Continental Resources is expanding into Argentina’s Vaca Muerta shale as the privately held E&P giant pursues international growth.
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
Applications are now open for the OTC Spotlight on New Technology Awards, the offshore energy sector's leading innovation honors. Recognizing technologies that advance operational efficiency, sustainability, and performance, the awards spotlight game-changing solutions from OTC exhibitors. Submit your entry and supporting documents by 28 January 2027.
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The acquisition adds well completions services for conventional and unconventional reservoirs. -
The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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Company will add Molykote lubricants, designed for oilfield use, to its slate of materials offerings.
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It seems obvious that to manage the reduction of methane emissions an operator needs to measure the emissions, report them accurately, and then take action to mitigate them. But what might seem obvious gets tricky: Just what matters, and how can an operator efficiently and accurately measure those factors?
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Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.
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Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.
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Gazprom Neft and a cloud computing joint venture involving Abu Dhabi National Oil Company have signed an agreement to commercialize jointly developed digital solutions in Russia and the Middle East.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
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The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
