Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety

Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.

E&P Highlights: Nov. 18, 2024

Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.

E&Ps Capitalize on AI Surge with NatGas Investments, But Volatility Expected

EOG, Diamondback and Gulfport Energy remain optimistic—despite recent near-term volatility—and are doubling down on natural gas investments in order to meet growing energy demands.

Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss

Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.

Range Resources Counters M&A Peer Pressure with Drilling Efficiencies

Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.

EnerMech Secures Contract with Major North Sea Operator

EnerMech will monitor the condition of the U.K. assets in accordance with safety and operational standards.

Roth-Backed SPAC To Take Public Permian Gas, Helium Producer

A blank-check company backed by Roth Capital Partners and Craig-Hallum Capital Group aims to combine with Permian gas and helium producer New Era Helium.

NatGas Pundits Pitch Fossil Fuel Reliability to Meet Needs of Big Tech

Executives from CNX Resources, AMP and Hines say natural gas has what it takes to meet growing electricity needs of data centers.

2024 E&P Meritorious Engineering Awards for Innovation

Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.

Gradiant’s alkaLi Says EC2 Tech Hits 97% Lithium Recovery

alkaLi, a spin-out of water treatment company Gradiant, said its EC2 technology is guaranteed to achieve over 95% lithium recovery for battery-grade conversion.