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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A breakthrough fusion demonstration at Lawrence Livermore National Laboratory produced more energy than it used—a historic first. -
Transocean rigs will start new contracts in Brazil in the second half of 2023.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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The French supermajor is looking to drill Lebanon's first successful exploration well by the end of next year.
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Both companies are set to increase their investment in the Permian Basin in the new year.
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NewMed’s planned merger with Capricorn Energy may benefit the Israeli company’s Moroccan offshore activities considering that Capricorn had explored the same area in its previous business incarnation.
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This year has seen the highest amount of capacity sanctioned since 2010.
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ProPetro will provide committed services for a 3-year period to an undisclosed Permian Basin operator.
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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.
