Asset Management
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power.
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The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040. -
The work covers integrated well construction services for the Búzios field off Brazil.
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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.
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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.
