Management
The project is the most northern field offshore Norway to begin production.
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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The institute is tasked with accelerating the deployment and scaling of cost-effective climate technology.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
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Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.
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A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
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The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.