Asset Management
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.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
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This paper describes the operator’s culture of circular decommissioning, with the main goal to improve environmental performance by implementing circular-economy principles during the engineering and execution of decommissioning projects.
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The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.
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Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
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his paper presents research and application of a sustainable, low-density geopolymer alternative to Portland cement for cementing applications in low-temperature wells.
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Aramco’s investment pivot to gas aims to propel Saudi Arabia into the top tier of gas producers and LNG players globally by 2030.
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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.