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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt.
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Awards related to the 2024 APA round are expected to be announced in early 2025.
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.
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The traditional method of inspecting tanks puts workers in danger. Using robots instead can keep workers out of harm’s way.
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By repurposing Italy’s depleted Porto Corsini Mare Ovest offshore gas field for CO2 storage, Eni and Italian grid operator Snam have positioned the Ravenna CCS project to play a major role in the EU’s development of more than 50 mpta of CO2 storage capacity by 2030.
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Subsea tieback in the Central North Sea expected to produce 20,000 BOED at peak, boosting output to Alvheim FPSO.
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The two projects at the Jack/St. Malo and Tahiti deepwater facilities are expected to recover millions of additional barrels of oil equivalent.
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You’ve heard of generative artificial intelligence, and odds are you’ve used it. But do you know how it works?
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Each year during its Annual Technical Conference and Exhibition (ATCE), SPE honors members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients will be recognized at the Annual Awards Banquet on Tuesday, 24 September.
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Surveillance technologies have undergone a revolution, reshaping how facilities, wells, and reservoirs are monitored. These advancements not only have increased the scale at which these technologies are deployed but also have led to an unprecedented influx of data. The sheer volume of data, however, poses a significant challenge to traditional analytical methods.
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To choose the right technologies for a gas-compression package, it’s critical for operators to have a clear understanding of their business and greenhouse‑gas emissions-related goals. Operators also need clarity concerning the impact of evolving requirements on total cost of ownership as well as potential financial ramifications.
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One hydraulic fracturing job can stimulate two wells, but economic success hinges on doing it in the right place for the right price.
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