Asset Management
Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
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The project will implement two distinct carbon technologies aimed at capturing and storing carbon dioxide. Svante’s CEO Claude Letourneau describes his company’s solid-sorbent technology used in collaboration with Climeworks, one of the awarded companies.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
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The US supermajor aims to speed the commercialization of a new liquid solvent that strips carbon dioxide from industrial flue gas.
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Samsung E&A takes home $6 billion of the total amount as EPC contractor.
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As the biggest US companies grow bigger, the advantage of scale becomes clearer.
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Contractor will design FPSO hull and related topsides facilities for the project located in the Santos Basin offshore Brazil