DOE Offers $65.5 Million for Oil, Gas Production and Infrastructure Boost
The U.S. Department of Energy (DOE) is offering up to $65.5 million in funding for projects aimed at improving oil and natural gas production, strengthening energy infrastructure, and advancing digital technologies across the upstream and midstream sectors.
The funding opportunity supports research, development, and demonstration projects designed to enhance the performance and reliability of existing energy infrastructure while expanding the nation's ability to produce, transport, and process oil and natural gas.
DOE Under Secretary of Energy Kyle Haustveit said the initiative is intended to support technologies that improve efficiency and strengthen the industry's long-term competitiveness.
The funding opportunity follows a separate $150 million DOE initiative announced earlier this year that supports technologies for unconventional oil and gas recovery, hydraulic fracture characterization, and produced water management.