Management
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
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Additional milestones reached could add $14 million to purchase price.
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Lebanon hopes to join the club of EastMed gas producers as TotalEnergies and its partners spud an appraisal well near Beirut’s maritime border with Israel where gas is already being produced.
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Wave power plus a subsea battery can be a reliable source for subsea operations, to a point.
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Woodside confirms key contracts for deepwater Mexican Gulf development.
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National oil companies and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives.
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Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.
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Registration is open for the SPE Europe Energy GeoHackathon, which will be held in October and November. It will be preceded by 4-week online bootcamp sessions on data science and geothermal energy, which will begin on 2 October.
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The deal is expected to support the LNG producer's Sabine Pass Liquefaction expansion project.
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The contractor will install flexible pipe and subsea structures on the field in Block 17 offshore Angola.