Business/economics
After years of market shocks, technological breakthroughs, and rising uncertainty, ATCE 2026 will provide new insights on how industry leaders and technical experts are preparing for the next era of the upstream business.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid. -
The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
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The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
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JERA Americas will receive just over a quarter stake in the LNG exporter for $2.5 billion.
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“Where is Shell based?” The answer to that is likely to get simpler very soon.
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Although offshore drilling demand is slowly getting better, headwinds remain.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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Union of rival contract drillers will create one of the largest offshore rig companies.
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Oil production from West Africa has fallen from last year’s depressed levels and will remain down without increased investment.
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Even though the market seemingly expected a 400,000 B/D increase from the oil exporting group, crude prices took a bit of a tumble.
