Asset Management
Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D. -
The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.
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Sage Geosystems said it will use the new equity funding to build a geopressured geothermal system by year's end.
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An analysis from the Energy Workforce & Technology Council found that the sector's job availability for January 2024 decreased by 0.6% compared with December 2023.
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Specialty forgers manufacture custom, seamless rolled rings in a variety of materials and finishes in as little as 8 weeks.
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BP will offer up development concessions while ADNOC will provide cash for growth opportunities.
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Mitsubishi, Kraft Heinz, and Petrobras develop plans for hydrogen plants, and the US Department of Energy funds projects throughout the country.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion.
