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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ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering. -
A group of oil and gas executives and bitcoin miners mingled in a warehouse in Houston recently. One big topic of discussion: using stranded natural gas to power bitcoin mining rigs, which both reduces greenhouse-gas emissions and makes money for the gas providers, as well as the miners.
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French operator will assist country with enhanced oil recovery, natural gas gathering, and solar projects.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
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New find in CTP Block 4 boosts reserve potential to as much as 700 million BOE.
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New find could hold up to 200 million BOE in place.
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The authors write of an efficiency-optimization effort in the planning and construction of a West African breakwater for LNG service that resulted in increased financial and environmental benefits.
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Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
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Successful sidetrack will be fast-track developed via the nearby Marlin TLP.
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The company’s 2021 Energy Transition Outlook says the Earth likely will miss the 2°C goal of the Paris Agreement and the window to get back on track is closing rapidly.
