Asset Management
The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex.
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
SLB's and Baker Hughes' partnerships with NVIDIA and Google Cloud, respectively, will develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector.
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This paper discusses how multiple reliable technologies may be used in concert to establish reasonable certainty for reserves estimates through the flexibility provided by the Petroleum Resources Management System. -
A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.
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Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.
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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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Fatih Birol, the head of the International Energy Agency, says in an interview that rising geopolitical threats to global oil and natural gas supplies are hurting the appeal of fossil fuels as reliable, safe energy sources.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
