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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Geothermal energy is bidding to emerge from its dark horse status in Texas and become a possible solution of choice for some renewable applications.
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Gas production from The Mabrouk North-East field is online.
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Røver Sør find is said to contain up 47 million BOE of recoverables.
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Construction of a treatment plan for the natural gas from latest wells is ongoing.
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The Southern North Sea find could be one of the largest in the area in a decade.
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The Dutch Government will no longer issue drilling permits for new onshore oil and gas wells.
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The Uaru development is expected to pump 250,000 barrels of oil at peak.
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The trend in falling petroleum engineering graduation rates is good for job seekers.
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New gas discovery is the first made on the Norwegian continental shelf this year
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Uganda’s Lake Albert appears on track to first oil by 2025. The oil is expected to be exported via the 1443-km East Africa Crude Oil Pipeline.