Shell

The partners will explore Block 2K, an ultradeepwater block off Sabah.

Operators seek deepwater reserves on the Mexican side of the Gulf of Mexico.

As the world continues to grapple with the post-pandemic new normal and unfamiliar global uncertainty, the case to begin and commit to a career in the upstream subsurface industry may be harder to see, but it’s still rewarding and with longevity.

The UK-based supermajor is taking over Nature Energy, a company that specializes in turning manure and food waste into “CO2-neutral” natural gas.

The supermajor is expected to put off green-lighting the presalt project for up to 2 years.

Additional wells are planned for the GOM field in 2023 and 2024.

US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.

Ben van Beurden said quitting was impossible because the Netherlands was dependent on Groningen gas.

First production from the UK North Sea gas field is expected in the second half of 2025.

The energy giant is set to gain new leadership in the new year.