Asset Management
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
While Uzbekistan has seen a significant drop in flaring, methane leaks from deteriorating infrastructure continue to reveal themselves to satellites in space.
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia. -
The US contractor will provide subsea installation services with work expected to begin in 2026.
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Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
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Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
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The agency’s short-term outlook forecasts modest declines in production for the rest of this year.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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More than two dozen artificial intelligence systems are being celebrated for delivering massive value to the national oil company.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes.
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One area where the untapped potential of geothermal energy has been realized is in harnessing thermal energy from abandoned or inactive oil and gas wells. Such wells could be exploited for electricity generation or direct use through well repurposing.
