Asset Management
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
A new licensing deal with ZL Chemicals will make Chevron’s unconventional EOR technology available to other tight-oil producers.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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The Barents Sea is the gift that keeps on giving for Equnior which has made its 10th sizeable discovery within the same license area.
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This study provides a comprehensive overview of the current status of renewable-energy resources, energy-transition efforts, and the future of conventional and unconventional oil and gas resources in California.
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Hydrogen fuels, storage, and production projects are on the go, while CCS and wind projects receive significant international boosts from the likes of INPEX, Chevron, Equinor, and Eni and Amazon splashes cash for more than three dozen renewables projects.
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Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin.
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Tanker transit statistics via the Suez Canal broke historic records in April as Europe sought to import more crude oil and LNG from the Arab Gulf to replace traditional supplies from Russia.
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The deal grows the marine energy services company’s shallow-water GOM fleet by more than 30 vessels.
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A new report shows that the tight offshore rig market is even tighter than most estimates reflect. This offers relief to battered drilling contractors which are now demanding higher dayrates.
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Oil companies would have to pay a premium for the hardware and services needed for rapid expansion. But is that likely?
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Norphlet-trend discovery will be developed via a three-well subsea tieback to the Blind Faith FPU.
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The companies plan to capture CO2 from Linde's hydrogen liquefication plant in the Houston area and inject it into multiple storage sites.