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.
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DNV’s carbon capture and storage outlook forecasts a massive shortfall in the projects necessary to help the world reach net-zero emissions by 2050.
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The tentative offer has received unanimous support from the board of Australia’s second-largest oil and gas producer.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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Oil and gas companies drilled 75 “high-impact” wells in 2024, representing 5.2 billion BOE.
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Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
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Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year.
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The Dutch marine contractor says it plans to outfit its construction vessels with small modular reactors over 5 years.
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The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
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Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
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Project expects a total of 19 additional modules to arrive on site during 2025.