Asset Management
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
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Sage Geosystems said it will use the new equity funding to build a geopressured geothermal system by year's end.
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An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
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Specialty forgers manufacture custom, seamless rolled rings in a variety of materials and finishes in as little as 8 weeks.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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Mitsubishi, Kraft Heinz, and Petrobras develop plans for hydrogen plants, and the US Department of Energy funds projects throughout the country.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
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ExxonMobil’s Liza Phase 1 and Phase 2 project and ADNOC’s CCUS Evolution Journey were the winners at the conference taking place this week in Dhahran.
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SEG and SPE join forces to offer access to a robust research portal that harnesses the power of AI and ML.
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The company looks to focus its efforts on getting phase one of its Driftwood LNG up and running by shedding Haynesville acreage.