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The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
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The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
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The gas-focused producer said it will turn its attention to drilling programs on its Haynesville acreage.
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The energy transition may drive a massive increase in renewable-power capacity in the electric market, but global demand growth is expected to be so strong, liquid fuel consumption could also be much higher in 2050.
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Alternative investment firm acquires LNG transportation specialist for $1.5 billion.
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Continuous operation requires people to work in shifts. Ensuring safety and efficiency requires critical information to be communicated between these shifts. In 2018, the Abu Dhabi National Oil Company (ADNOC) embarked on improving its operational integrity, and shift handover was seen as one of the core elements. ADNOC Onshore worked to standardize shift handover at …
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The investigation and cleanup of the oil spill, originating from a rupture in an Amplify Energy pipeline in the Beta field, is ongoing.
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In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes.
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Every year, SPE recognizes members who have made an exceptional effort to ensure the technical excellence of the Society’s peer-reviewed journals. For their contributions, the following individuals are recipients of the 2021 Outstanding Technical Reviewer Award.
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The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.