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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The US supermajor is said to have struck a deal that may make it a major supplier of lithium, which is needed to expand the US electric vehicle market.
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The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
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The contracts are for work in the Black Sea and North Sea.
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Premier Corex and Teverra will be combining their efforts to aggregate data for companies involved in large-scale geothermal projects.
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SPE Journal has issued a call for papers for the 11th Comparative Solution Project (CSP) Special Issue. Organized by guest editors Anthony Kovscek (Stanford University) and Knut-Andreas Lie (SINTEF), submissions that are both directly and indirectly related to the 11th CSP will be accepted.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The $540 million joint acquisition is expected to close in June.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The award is for Equinor's BM-C-33 development in Campos Basin.