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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Combination announced last November must still gain clearance from authorities in the UK and Denmark.
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Tight gas supplies, and uncertain Russian gas supplies mean sky-high prices for LNG suppliers now and a chance to lock in attractive contracts long term. But this opportunity won’t last forever.
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The owner of a hydroelectric power plant has created a cottage industry for local crypto miners in Costa Rica where electricity is in surplus and the power that is produced is all green.
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Oil production in the US is resurging and poised to refute some skeptics who believed domestic output peaked just prior to the COVID-19 pandemic.
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You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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Design, construction specialist books new work in the Middle East, Australia, and Saudi Arabia.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.
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Energy giant also forms venture with GE to reduce emissions from gas turbines.