PGS Wins 3D Contract Offshore South Atlantic Margin
PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June. This post appeared first on Hart Energy.
Read More...AI in Oil: Revolution’s Coming, but Tech Adoption Remains Tentative
CERAWeek experts say AI will disrupt oil and gas jobs while new opportunities will emerge as the industry braces for an AI-driven workflow transformation. This post appeared first on Hart Energy.
Read More...CIP Acquires Majority Stake in Elgin, Plans $315MM Investment
Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest $316 million in the company. This post appeared first on Hart Energy.
Read More...Kinder Morgan Exec: Building Pipelines ‘Challenging, but Manageable’
Allen Fore, vice president of public affairs for Kinder Morgan, said building anything, from a new road to an ice cream shop, can be tough but dealing with stakeholders up front can move projects along. This post appeared first on Hart Energy.
Read More...Bobby Tudor on Capital Access and Oil, Gas Participation in the Energy Transition
Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Exclusive: Bobby Tudor on Private Capital Driving Low New Company Formation
Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...US Decision on Venezuelan License to Dictate Production Flow
The outlook for Venezuela’s oil industry appears uncertain, Rystad Energy said April 4 in a research report, as a license issued by the U.S. Office of Assets Control (OFAC) is set to expire on April 18. This post appeared first on Hart Energy.
Read More...Beacon Offshore Divests Non-op Gulf of Mexico Interests
Beacon Offshore Energy said that with its non-op assets divested, it would turn all of its focus to its Shenandoah and Winterfell assets in the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...Enterprise Products Partners Ups Quarterly Distribution
Enterprise Products Partners said the distribution represents a 5.1% increase over first quarter 2023. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of April 5, 2024)
Here is a look at some of this week’s renewable energy news, including the U.S. Environmental Protection Agency’s $20 billion ‘green bank.’ This post appeared first on Hart Energy.
Read More...Chesapeake-Southwestern Deal Delayed Amid Feds Scrutiny of E&P M&A
The Federal Trade Commission asked Chesapeake and Southwestern for more information about their $7.4 billion merger — triggering an automatic 30-day waiting period as the agency intensifies scrutiny of E&P deals. This post appeared first on Hart Energy.
Read More...Markman: Is MethaneSAT Watching You? Yes.
EDF’s MethaneSAT is the first satellite devoted exclusively to methane and it is targeting the oil and gas space. This post appeared first on Hart Energy.
Read More...Attorneys General, Legal and Business Groups Call on SCOTUS to Review Honolulu’s Climate Lawsuit
On Monday, reputable policy and legal experts – including state attorneys general, business groups, former DOJ officials, and distinguished law professors – asked the Supreme Court of the United States (SCOTUS) to put an end to the outlandish legal attacks against America’s energy producers. The slew of amicus briefs support petitions filed by energy companies
Read More...Commissioner Withdraws Support as Local Pennsylvanians Blast Bucks County Lawsuit
In the first public meeting since Bucks County filed a climate lawsuit against American energy companies, local Pennsylvanians rebuked the litigation and Republican Commissioner Gene DiGirolamo formally withdrew his support after facing backlash. As the Delaware Valley Journal reports: “I have considered this for the past seven or eight days,” said DiGirolamo. “And at this
Read More...Mighty Midland Still Beckons Dealmakers
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin’s core, following a historic consolidation trend. This post appeared first on Hart Energy.
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