Management
SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it.
US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
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The US onshore business is looking flat at the moment, though these sorts of predictions are prone to sudden shifts.
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The deal offers bolt-on acquisition to the operator’s Kern County, California, operations.
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McDermott’s latest EPCI contract on Qatar’s North Field expansion focuses on subsea cabling and offshore/onshore pipelines to be fabricated locally.
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By initially ring-fencing Absheron’s gas for the domestic market, Azerbaijan will be able to export more of its overall gas production to Europe from across other projects.
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Advantages for conversion of nonactive oil and gas wells to geothermal wells include deferred plugging and abandonment costs, safety and environmental concerns, and potential energy production.
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The Carmen gas discovery offshore Norway was far bigger than expected and a short tieback away from production.
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This inaugural event will take place 22–23 August in Houston.
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SPE and Project Innerspace are organizing the first Geothermal AInnovation Competition. Teams from around the world are invited to participate in this virtual competition aimed at showcasing the potential of AI-assisted work flows in the geothermal life cycle.
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Colorado and the Gulf Coast prepare for new facilities; Chile sets out to tackle its carbon dioxide emissions; and Egypt announces plans for the largest wind farm in the world.
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The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.