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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Venture Global is closing in on FID for Plaquemines LNG terminal in Louisiana and has already sold 70% of its planned nameplate capacity.
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To turn the spotlight on YPs' contributions to the industry, SPE's The Way Ahead Editorial Committee is accepting nominations for "TWA Energy Influencers 2022: Young Professionals Who ENERGIZE Our Industry.”
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The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook.
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Drillers are feeling good about higher oil prices, but only to a point.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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Fresh restrictions will likely impact raw material markets globally as the EU and others attempt to squeeze the Russian economy following its invasion of Ukraine.
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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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The energy transition and digitalization transition are not to be feared. While the rate of change will accelerate, very little of true value will be lost and the transitions instead offer a variety of incremental opportunities, especially for members of the production and facilities community.
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The White House has made its latest move against Russian oil and gas interests as it acknowledged that its European partners are not able to take such drastic steps.