Management
Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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Work is to be executed offshore Congo, the US Gulf of Mexico, Romania, and Germany. -
Occidental has been an investor in the Canadian climate solution firm since 2019.
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The winners of this year’s Drillbotics competition are teams from the University of Stavanger and Clausthal University of Technology. Thirteen teams registered last fall, coming from seven countries spanning four continents.
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The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.
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A $700-million deal completes the operator's strategy to focus on its gas-rich developments in Pennsylvania and Louisiana.
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The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.
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New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
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Equinor-led project would add gas compression and electrification to the Hammerfest LNG plant.
