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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Oil companies would have to pay a premium for the hardware and services needed for rapid expansion. But is that likely? -
Norphlet-trend discovery will be developed via a three-well subsea tieback to the Blind Faith FPU.
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The companies plan to capture CO2 from Linde's hydrogen liquefication plant in the Houston area and inject it into multiple storage sites.
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In a new TEDx Talk, Scott Tinker, director of the Bureau of Economic Geology, explains the energy-environment challenge facing a world in transition.
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Zachry Industrial highlights the benefits of using advanced modeling to plan the construction to update the $10 billion Golden Pass LNG from an import terminal to an import/export terminal, connecting thousands of project participants during COVID-19 lockdowns.
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With global crude prices trading steadily above $100/bbl since March, the world's largest oil company is now the largest company, period.
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The three US lease auctions were the last planned under the current 5-year federal leasing plan.
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The two companies will focus on carbon capture technology along with carbon utilization and hydrogen production.
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Senior Vice President Starlee Sykes told an audience at the Offshore Technology Conference that low-carbon barrels from the company's domestic offshore portfolio will help fund its transition plans.
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ExxonMobil has declared force majeure on its Sakhalin-1 operations in the Russian Far East as risk-averse shippers fearing sanctions refuse to transport Sakhalin crude and production starts to fall.
