Major drilling company Hercules Offshore recently announced its plans to file for bankruptcy, a big drop from its market capitalization of over a billion dollars just two years ago. When prices were high, companies raced to produce as much oil as they could with little focus on optimization. Beca...
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News Commentary | January 30, 2021
The impact of COVID‑19 on the energy sector continues to accelerate the energy transition, forcing many incumbent players to reassess their strategies. Keppel O&M's decision comes as no surprise as it looks to leverage its offshore expertise for offshore gas and renewable projects, such as ... Not part of subscription
News Commentary | May 06, 2021
The Series B was led by Capricorn Investment Group, along with Breakthrough Energy Ventures (BEV; this is BEV's second geothermal deal in 2021, following Dandelion's $30 million Series B), 3x5 Partners, Congruent Ventures, and Elemental Excelerator. The $28 million will bolster the company's ... Not part of subscription
Company Profile | May 09, 2022
Offers distributed acoustic and temperature measurements for oil and gas wellbores, mines, and geothermal wells Primary focus is on acoustic measurements, wherein the company offers a 100× improvement in the signal‑to‑noise ratio over incumbent optics players The high signal‑to‑noise ratio ... Not part of subscription