Business/economics
The deepest water depth project in Equinor’s portfolio, Raia aims to bring its gas onstream in 2028.
War-related damage to oil and gas facilities is expected to disrupt global supply chains for years, as backlogs for critical equipment continue to grow, Rystad Energy reports.
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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The authors present a countrywide benchmarking of ultimate recovery factor for oil reservoirs in Kuwait. -
The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly.
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Norwegian operator sells its nonoperated stake in the Corrib gas project
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Asset sale includes stakes in the Mariner and Culzean projects in the North Sea.
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Oil-consuming nations announced a big push to drive down oil prices. Next week, it’s OPEC’s turn to respond to that move.
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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.
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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.
