Management
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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.
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The impact of COVID-19 on the global economy, and thus its oil and gas consumption habits, is seen as less severe in the supermajor's latest annual outlook. -
Drillers are feeling good about higher oil prices, but only to a point.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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Fresh restrictions will likely impact raw material markets globally as the EU and others attempt to squeeze the Russian economy following its invasion of Ukraine.
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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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The energy transition and digitalization transition are not to be feared. While the rate of change will accelerate, very little of true value will be lost and the transitions instead offer a variety of incremental opportunities, especially for members of the production and facilities community.
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The White House has made its latest move against Russian oil and gas interests as it acknowledged that its European partners are not able to take such drastic steps.
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Oil producers encountering pockets of methane typically use flare stacks to burn off the vented gas. However, winds blowing across conventional open flame burners often result in 40% or more of the methane escaping into the air.
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Criterion Energy Partners' immediate focus is to deliver direct heat and power to industrial customers in the Texas Gulf Coast region.
