Asset Management
The deal expands TotalEnergies' exposure to US deepwater exploration acreage in the Green Canyon and Walker Ridge areas.
Operators struggle to understand proppant placement beyond the fracture, and that’s the information that could be the key to boosting EUR.
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
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Hydrogen from fossil fuels is not only an easier way to pivot to clean energy than going full-on renewables; it could also establish new businesses and generate tremendous revenue by leveraging the oil and gas industry’s existing knowledge and expertise. -
Judgment day may finally have arrived for weak players in the shale business. Deloitte ranks nearly half of the companies as extraneous. What happens next?
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Chevron strengthens its North American position with assets in the Permian, DJ, and Eagle Ford basins and offshore in Israel and West Africa.
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The legacy service provider operates in every major shale basin in the US and Canada. In court filings, it says it will seek additional funding to sell its equipment and wind down operations.
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US crude exports to China have decreased from peak levels in May and June, but Vortexa said there may be unique opportunities looking forward.
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The combined company will target the renewables market. Aker Solutions intends to spin off its wind development and its carbon capture technology businesses into two new companies, which will be part of its renewable energy group, Aker Horizons.
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Lease Sale 256 was originally set for August but was moved due to COVID-19’s impact on the oil and gas markets. Bids will be accepted by mail only due to the ongoing pandemic.
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The Mozambique LNG project expects to achieve financial close in Q3.
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IHS Markit says the industry’s “striking pace of growth” and a dynamic commercial environment are fueling the movement to zero-carbon sources.
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The 18-month contract is for work in the Al-Nasiriyah oil field in southern Iraq’s Dhi Qar province.
