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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Sempra lands partners for a CCS deal in Louisiana, while Shell eyes newbuild ships for CCS transport. An offshore alliance targets floating wind technology, and global hydrogen projects gain momentum in the UAE, Africa, and Brazil. -
TotalEnergies has purchased a 25% stake in India’s Adani New Industries Ltd., creating a partnership to produce and commercialize green hydrogen globally.
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond.
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QatarEnergy has tapped TotalEnergies as its first international joint venture partner for the North Field East expansion—the world’s largest LNG project ever.
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In a new report from DNV, global hydrogen production is projected to increase by an order of magnitude from 2030 to 2050. But it will still not be enough to satisfy net-zero targets.
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The UK supermajor is selling off its Sunrise oil sands stake for cash, interest in the undeveloped Bay du Nord complex off Newfoundland.
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Johan Castberg is the biggest oil field to ever be discovered in the Barents Sea, but a constellation of satellite fields are likely needed to keep the development afloat.
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Hitting the next well during fracturing happens all the time. Predictably doing that on a large scale in granite looks a lot harder.
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NASA, the European Space Agency, and the British government are reconsidering an old idea to beam space-based solar energy to Earth in light of new technologies that might lead to commercial feasibility.
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The 23-country group is seeking to end its historic supply cuts a month early as oil prices march upwards.
