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.
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The acquisition of Crestwood Equity Partners extends Energy Transfer’s position deeper into the Williston and Permian basins and provides entry into the Powder River Basin. -
Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany.
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Occidental has been an investor in the Canadian climate solution firm since 2019.
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The winners of this year’s Drillbotics competition are teams from the University of Stavanger and Clausthal University of Technology. Thirteen teams registered last fall, coming from seven countries spanning four continents.
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The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
