Gulf of Mexico
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The US Department of Energy is planning the country’s largest solar power initiative, while hydrogen and carbon dioxide pipelines spread around the world and ADNOC bets on hydrogen.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities.
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The lease area has the potential to support enough offshore wind power to run more than 1 million homes.
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The emissions intensity of production is expected to decline further because of the continued shift toward newer and more productive operations in the deep water and other factors.
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The component is part of a full subsea deepwater completion/intervention system being designed by Expro for use on the Chevron tieback.
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The supermajor redefined its Mad Dog II development in three key ways: a blank-sheet redesign to cut costs, altering the way it works as a result of the COVID-19 pandemic, and a digital twin offering unique access to the asset from anywhere in the world.
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Recent developments from Equinor and Murphy Oil Corp. offer hope that the industry is zeroing in the right approach to building megaprojects.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
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Woodside Energy awards all contracts for major work at multiple fields, while Helix Energy secures significant plugging and abandonment job on the Gulf of Mexico shelf.