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Delayed decommissioning has been a theme on the UK Continental Shelf thanks to legal, regulatory, and technical hurdles, the report says.
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The analysis found that the decline in Permian Basin methane emissions equaled the annual carbon emissions avoided by every electric vehicle in the US.
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The funding, aimed to help small operators, builds on nearly 100 cross-government actions designed to sharply reduce methane pollution.
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The Interior Department has now approved more than 19 GW of offshore wind energy.
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The money from the Investing in America agenda will be used for plugging, remediating, and reclaiming orphaned oil and gas wells in national parks, national forests, and national wildlife refuges.
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“Riskwashing” refers to a situation where an organization engages in superficial or insincere actions to create the appearance of addressing a particular risk or issue without actually taking substantive action to address the underlying problem. This paper presents methods to identify and minimize riskwashing as an organizational response to incidents.
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Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
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The modular facility will process associated gas to produce electricity for up to 200,000 households in the Basra region.
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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
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