Management
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
Sponsored
As HPHT wells push equipment to the edge of material limits, operators are turning to advanced thermoplastics and sealed electrical assemblies to maintain system integrity. From ESP insulation to BOP control systems, the right component design can prevent failures, lower intervention costs, and extend equipment life in the harshest offshore environments.
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The authors of this paper write that computationally coupled models enable swift, accurate, and engineered decision-making for optimal asset development.
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Sale includes stake in the Abadi gas project.
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Studies center on subsea wells connected to an FPSO.
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The best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
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Find could hold as much as 130 million BOE.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.