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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New funding aims to launch up to seven pilots to help expand the deployment of enhanced geothermal systems. -
QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
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The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.
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Namibia, Brazil, and Algeria scored major discoveries in 2022 as the industry drilled fewer exploration wells but found better and larger prospects.
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State of Energy report also sees a widening role for natural gas due to robust global LNG demand.
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The use of artificial intelligence in the clean energy sector increases the availability and accessibility of clean energy, making it a more viable and cost-effective alternative to traditional energy sources.
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Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.
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Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.
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Two PSCs have been sold to PSEP for $475 million.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
