Asset Management
The loan to Arena Energy will generate an estimated 38,600 B/D in new production from 22 platforms in the Gulf.
This article from Murphy Oil outlines a modernization effort that resulted in increased scenario simulation capacity by five to 10 times.
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
-
The oilfield service company said its emissions reductions are thanks in part to the increased use of renewable energy and operation efficiencies. -
The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.
-
After tracking ARC Resources for more than 2 years, Shell is buying the company to access its tier-one Montney assets.
-
Saipem can begin early subsea engineering on ExxonMobil’s Longtail project in Guyana under a Limited Notice to Proceed, while the operator awaits final investment decision and government sign-off.
-
Three wind projects planned to produce around 300 MW have entered the execution phase under a partnership with OMV Petrom and RNV Infrastructure.
-
A Dallas Fed survey update suggests few executives foresee a strong US production response, even with oil prices above $90/bbl.
-
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
-
Under the agreement, Trafigura will pay Gabon $1 billion for future crude export deliveries over 7 years.
-
The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
-
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
