Shell
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As the number of discoveries goes down and headwinds increase, the days of the US Gulf of Mexico megaproject could be numbered.
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Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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C3 AI reported that the oil major has hit the milestone of 10,000 pieces of equipment being monitored by its predictive-maintenance artificial intelligence.
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Baker Hughes will supply a plug-and play modularized liquefaction train system for the Plaquemines LNG project.
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The White House has made its latest move against Russian oil and gas interests as it acknowledged that its European partners are not able to take such drastic steps.
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Partners confirm find, begin planning for additional well in the area.
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Petroleum Development Oman is building infrastructure for the project’s initial phase.
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New find located in Shell’s prolific Perdido Corridor in western US Gulf.
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State-run Staatsolie retains its 40% stake in Block 5.
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Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.