Asset Management
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.
Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
In partnership with OTC 2026, Rystad Energy has shared its latest outlook for the offshore sector and the role it is expected to play in supplying low-cost barrels through 2050.
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights. -
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.
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ExxonMobil’s Liza Phase 1 and Phase 2 project and ADNOC’s CCUS Evolution Journey were the winners at the conference taking place this week in Dhahran.
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SEG and SPE join forces to offer access to a robust research portal that harnesses the power of AI and ML.
