Management
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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Total structure discovered could hold as much as 5 Tcf of gas in place. -
The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
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Standard Lithium says the latest drilling project indicates an increasing trend of lithium concentrations in the Texas portion of the Smackover formation.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.
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The Bipartisan Infrastructure Law will be used to distribute $7 billion to the seven projects across the country.
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A Harvard economist is considering ways to protect workers from the inevitable economic shocks of the so-called “energy transition.”
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An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
