Asset Management
LibertyStream has signed a feedstock agreement with Goodnight Midstream to support its first commercial lithium carbonate facility in North Dakota's Bakken, advancing plans to extract battery-grade lithium from produced water.
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.
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The provider of subscription-based analytics services for the North American oil and gas sector continues its streak of purchasing data-focused firms. -
BP says it is firmly committed to achieving the ambitious target of net-zero greenhouse gas emissions over the next 30 years—even if that means producing less oil and gas.
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The LNG will come from the offshore Qatargas 4 project in the North Field, a joint venture between Qatar Petroleum and Shell.
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The Dalmatian project is a brownfield development and represents the world’s longest multiphase tieback by boosting at some 35 km; the boosting system is installed at approximately 6,000 ft water depth.
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Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro's chief opponent at the White House, according to family members of the men.
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The unseasonably warm weather in the northern hemisphere and the rise of the global supply levels has resulted in record-low LNG prices. Adding to that, the coronavirus epidemic in China has reduced business and industrial activity, with January’s LNG imports dropping by about 10% year on year.
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Will digital transformation continue to drive business impact beyond the hype? This interview with Ken Medlock, senior director of the Center for Energy Studies at Rice University, offers a perspective focused on the greater forces shaping the digital transformation trend.
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McDermott International has been awarded a large contract (defined by the company as between $50 and $250 million) by BHP to provide subsea umbilicals, risers, and flowlines (SURF), transportation and installation, and precommissioning of one jacket and topsides for the Ruby Project, offshore Trinidad and Tobago.
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Described as Brazil’s first-ever integrated SPS and SURF project, the development will include 19 wells, approximately 130 km of rigid risers and flowlines, and 35 km of umbilicals.
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The company's industrial services business provides integrity and fabric maintenance for assets in the offshore oil and gas, process energy, marine, and infrastructure sectors across the UK and Ireland.
