Asset Management
The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
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The former company CFO has been acting as interim CEO since September 2023.
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The contractor will be responsible for both pipeline and platform installation related to Petronas’ ambitious CCS project offshore Sarawak.
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Solar and natural gas surged last year in the US, while wind stumbled.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
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Two of the most established US independents are combining to form a natural gas powerhouse that will be given a new name later this year.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states.
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The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.