Asset Management
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deepwater infill project is Esso Nigeria's first drilling campaign in a decade and is expected to boost Usan's production by up to 40,000 B/D.
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The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions. -
This paper presents the first global application of autonomous drilling in deepwater and the journey to reach optimal drilling parameters, integrating proprietary tools from the project’s business partners.
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The paper describes the revalidation of a deepwater prospect that resulted in a no-drill decision.
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The oilfield service company said its emissions reductions are thanks in part to the increased use of renewable energy and operation efficiencies.
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The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.
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After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
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Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
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Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure.
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A Dallas Fed survey update suggests few executives foresee a strong US production response, even with oil prices above $90/bbl.
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The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
