Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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The move is part of a larger reset, cutting the operator’s international exposure -
Major makes another discovery in Stabroek block, comes away empty in Canje
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Additive manufacturing can alleviate and avoid long, expensive production shutdowns and reduce supply chain carbon footprints. Key to unlocking this potential is building trust in “printed” parts.
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Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
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Jeff Gustavson will become president of Chevron New Energies effective 2 August as the company seeks to manage its low-carbon business prospects.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Schlumberger beat Wall Street expectations in its second quarter and is seeing positive signals in its international growth prospects.
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The US remained Europe’s biggest supplier of LNG in Q1 2021, a position it has held since mid-2019 when competition with Russia began to heat up.
