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Research conducted by Rystad Energy indicates that spending on carbon capture and storage will quadruple in the next 3 years.

Saudi looks to increase natural gas role in electricity production.

Geopolitics have led to nearly historical highs in gas and oil prices. The underinvestment in upstream oil and gas has strongly impacted both production capacity and record-low reserve discoveries. Addressing these issues among others, IPTC in Riyadh, Saudi Arabia, was a strong start for SPE this year. To determine the right path forward after the discontinuation of t…

Venus well could prove 2 billion-barrel find.

A system that could help turn stranded-gas fields into producing projects has moved closer to reality, aided by the growing focus on reductions in carbon emissions.

Project should add just over 10,000 B/D to Na Kika throughput.

Marking the end of a 2-year existence, Riviera is preparing for liquidation and dissolution. The sale of its upstream and midstream assets for $146 million will deliver a $1.35-per-share cash dividend to shareholders. By the end of this year, the company will cease to exist.

In 2019, the oil and gas industry experienced 25 deaths, according to a new report released by the International Association of Oil and Gas Producers. This compares with 31 fatalities in 2018.

The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.

Many major oil and gas operators have announced their intentions to achieve various emissions goals. Obviously, the transition cannot be achieved with a simple flip of a switch and will require some time.