Asset Management
Agreements create long-term frameworks to advance offshore Suriname developments, aiming to streamline project delivery, reduce costs, and accelerate field development through early integration across the project life cycle.
While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets. -
The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
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Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
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Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
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ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
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The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
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A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
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After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
