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Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
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The heated global jackup rig market has day rates for premium units climbing higher.
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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
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The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
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The natural fractures discovered on Mars during rover missions might be so important that they are worth bringing back to Earth.
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The combined awards will help fund five programs across the US and state-based grants focused on pipeline and underground natural gas storage safety.
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Ipieca, together with the International Association of Oil and Gas Producers and the Oil and Gas Climate Initiative, released the guide to help operators select and deploy methane detection technologies.
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Large methane emissions occur from a wide variety of oil and gas industry sites with no discernable patterns, thus requiring methods to monitor for these releases throughout the production chain. This paper describes a continuous monitoring system based on the Internet of Things using methane concentration sensors permanently deployed at facilities and connected to a…
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An industry leader in the Permian Basin said a new report proves safety regulations are helping. Other observers say more data is needed to understand the risks of extraction.
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The hub acreage is located in state waters of Cameron Parish.
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The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
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The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
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