Management
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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.
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Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.
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The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
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Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.
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The decision to spend more than $700 million comes 4 years after the French giant shelved the project amid low oil and gas prices.
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The energy giant is set to gain new leadership in the new year.
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The sale had 307 valid high bids worth more than $190 million.
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The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
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To combat rising prices ahead of winter, the UK will subsidize household energy costs and work to expand domestic energy supplies across the board.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.
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The latest move to reduce output requirements comes after the coalition lowered its expectations for surplus crude in the market.