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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A new partnership aims to leverage technology developed for geothermal wells to create a new drilling system for complex offshore wells.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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Inpex’s investments in wind, solar, and battery storage through 2030 will also support decarbonization at the Ichthys natural gas and LNG project in northern Australia.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics.
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In addition to securing the rig, Equinor has, on behalf of the partners, awarded SLB, Baker Hughes, and Halliburton agreements for drilling and well services for the Raia project worth around $109 million.
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The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
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The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
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The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.