Business/economics
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency. -
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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SPE and The Open Group have signed a memorandum of understanding to advance collaboration and innovation in the global energy industry.
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Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.
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This paper presents an approach to subsea hydrate-risk management based on the understanding that some crudes have induction properties that delay hydrate formation even when the pressure and temperature conditions reach the hydrate thermodynamic region.
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With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
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The global oilfield service company is working with Ormat Technologies to boost its integrated geothermal business.
