Management
Using emergency procedures, the permitting timeline is expected to be significantly reduced from years to weeks, in some cases.
The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage storage project is expected to receive its first carbon dioxide in 2028.
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In this study, artificial-intelligence techniques are used to estimate and predict well status in offshore areas using a combination of surface and subsurface parameters. -
Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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Updates about global exploration and production activities and developments.
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The world’s reliable engine of crude demand growth is stalling out, and its impact on the upstream market is already being felt.
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Train 1 of the Corpus Christi LNG Stage 3 project is expected to reach substantial completion during the first quarter of 2025.
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The Scarborough Energy Project is on track to start delivering liquefied natural gas in 2026.
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Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
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The formal design and construction contract award comes after an LOI for the work was signed this past summer.
