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The agreement takes 80% of Santos’ share of expected gas from Barossa annually for 10 years.

Fugro has opened a new remote operations center in Abu Dhabi that is already handling remote and autonomous projects in the Middle East and India.

Cultural differences become increasingly important as professionals move from technical to management roles. Managing projects often means not leading just the specific technical aspects of the project, but also the people who are working on them.

A partnership between Saudi Aramco and Baker Hughes will build a plant where they will work to expand the uses of nonmetallic oilfield hardware, beginning with high-performance reinforced plastic pipe.

The supermajor said that it hopes to complete a megaproject in Kazakhstan before rerouting future spending to the Permian Basin and other developments.

The Italian oil and gas major has taken on a 20% stake in the first two phases of the project, which ultimately will be run by Equinor.

This paper presents a novel matrix to identify environmental and social elements relevant for the development of oil and gas projects. It also proposes a useful traffic light and multivariate analysis methods for the evaluation of these elements.

Under the group’s historic April agreement, the easing of voluntary cuts would have been 2 million B/D, which would have been too much for markets to absorb.

Companies, investors, and consumers alike are frustrated by a lack of standardized accounting for corporate ESG performance. This might be about to change thanks to a recent proposal from the IFRS Foundation, which is the body that oversees the work of the International Accounting Standards Board.

Zion expects to spud the Megiddo-Jezreel #2 well at its current well location near Bet She'an by the middle of this month. The new license may be extended for a total of 12 months.