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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Two new studies from completions experts suggest the global upstream industry has a major opportunity in medium-quality reservoirs. -
Mentorship programs equip women with the tools to excel and help close the gender gap in leadership.
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Discovered in 2010, the Búzios field offshore Brazil achieved a new milestone with the installation of its sixth production facility.
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In a deal described as possibly "one of the most important transactions BP has done in 20 years" by CEO Murray Auchincloss, the company has agreed contractual terms with the Iraqi government to invest in drilling and infrastructure to rehabilitate and boost production at the Kirkuk oil field.
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Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.
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The engineering and construction firms take the first steps toward combining companies.
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The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.
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A recent report from Wood Mackenzie highlights the role of natural gas in supporting renewables and reducing emissions.
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The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin.
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Fresh permit will allow the project to move forward towards FID this fall, first production expected in early 2029.
