Field/project development
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Operator started planning the development before it made its latest North Sea discovery.
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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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.
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A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.
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ADNOC is hiring more jackup drilling rigs to boost offshore production of its more carbon-friendly brand of crude.
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Ben van Beurden said quitting was impossible because the Netherlands was dependent on Groningen gas.
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M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
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In this first part of a two-part series, we look at how the artificial-lift sector has adapted to producing unconventional resources. The second part of the series to publish in November will crack open the lift toolbox to take a deeper look at the techniques and technologies under development or new to the market.
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The authors of this paper propose a novel approach to data-driven modeling for transient production of oil wells.
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The repeat order from Petrobras brings Keppel O&M’s net order book to about $8.2 billion.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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Santos will seek an expedited appeal of the Australian Federal Court decision.