Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
-
Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end. -
The acquisition marks a significant step forward in H&P’s international expansion strategy.
-
The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics.
-
In addition to securing the rig, Equinor has, on behalf of the partners, awarded SLB, Baker Hughes, and Halliburton agreements for drilling and well services for the Raia project worth around $109 million.
-
The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
-
The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
-
The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
-
The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
-
A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
-
The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
