Asset Management
The Federal Reserve Bank of Dallas’ second-quarter energy survey reports improved business conditions, despite a mixed outlook on oil prices and input costs.
Equinor and its partners’ investment in the Troll West Increased Gas Recovery North (TWIN) project aims to unlock around 11 Bcm of additional natural gas from the Troll field, with first production targeted as early as 2028.
The US supermajor will use Permian Basin natural gas to support the hyperscaler’s AI business.
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The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.
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The $48.5-billion investment aims to keep the 30-year-old project in western Kazakhstan flowing for years to come.
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The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.
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Oman’s Marsa LNG plant expects to drop its first LNG in Q1 2028 with production aimed at serving the marine fuel market (LNG bunkering) in the Gulf.
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The US upstream sector began 2024 with $51 billion in mergers and acquisitions though Enverus outlines why the dealmaking may slow down.
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The contractor will provide 17 pipeline centrifugal compressors for Aramco’s ongoing project in Saudi Arabia.
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The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal.
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Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.
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The latest signs that momentum is building in the geothermal space include military bases.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.