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The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
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The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
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Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030-2031.
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From Washington to Rhode Island, college campuses are tapping into geothermal energy to heat and cool new construction projects.
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First oil is expected from phase one of the project in 2028, with up to four more phases planned.
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The 14 available locations are estimated to be able to provide up to 2 gigatonnes of additional carbon-dioxide storage capacity.
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The Gorgon Phase 3 project will counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
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The Distinguished Lecturer program is now accepting nominations for the 2027-2028 season. Nominees typically have at least 10 years experience in a subject of widespread interest and be nominated by a colleague, acquaintance, or friend.
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