Asset Management
Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
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The retrofit merged enhanced gravity separation with induced gas flotation within the same vessel. Detailed insights into the design, operation, and performance of hybrid flotation systems are provided, offering valuable guidance for similar initiatives in the petroleum industry.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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Pilots and papers are plentiful, but the shale sector has no big enhanced oil recovery projects to speak of. It may just have to stay that way for a while.
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The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Startup work at Shell’s North Sea redevelopment project is on track to commence later this year.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
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Gas production from the field will be supplied to both the local market and the Nigeria LNG plant.