Asset Management
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
-
The largest project to date will add a capacity of 250,000 B/D starting in 2025. -
The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
-
The work covers integrated well construction services for the Búzios field off Brazil.
-
Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
-
The EPCI contract scope includes 20K-psi-rated subsea tree systems.
-
The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.
-
Sage Geosystems said it will use the new equity funding to build a geopressured geothermal system by year's end.
-
An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
-
Specialty forgers manufacture custom, seamless rolled rings in a variety of materials and finishes in as little as 8 weeks.
-
BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
