Management
In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule which targets shipping first product in 2029.
Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
Supermajor aims to start appraisal activities in 2027 and is evaluating development possibilities for the deepwater find offshore Brazil, which is the company’s largest discovery in 25 years.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK. -
Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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Sinopec becomes the first Asian equity holder in the NFE expansion after having signed a 27-year sales and purchase agreement with Qatar, the longest term in the industry.
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The large US shale producer has officially entered into the renewable energy sector with its largest venture investment yet.
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A new report from Rystad Energy sees strong labor wage growth testing the budgets of US shale operators.
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The OTC Energy Insights will be livestreaming from an on-site studio, a new addition to the Offshore Technology Conference exhibit hall floor.
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The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030.
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The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
