offshore

Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.

The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.

This paper describes a decision-support system that integrates field data, system specifications, and simulation tools to quantify system performance, forecast operational challenges, and evaluate the effect of system modifications in water management.

Your willingness to contribute ideas and field experience helped strengthen a global community committed to advancing safe and responsible energy development.

Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.

Estimates commissioned by the Australian government suggest that increasing efficiency will lower costs for decommissioning offshore Australia.

The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.

The Essington-1 well is the first discovery in the Otway since 2021.

Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.

Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.