Management
The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure.
The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work. -
'I’m honored that IEA members have put their trust in me to lead the agency into a new era following what I believe may turn out to be the most consequential ministerial meeting in the IEA’s near 50-year history,' Birol said.
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Anticipating making a final investment decision later this year, NextDecade made a 20-year deal with Guangdong Energy Group Natural Gas Co. to be supplied from its Rio Grande LNG export project.
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A transatlantic task force will be formed to oversee the EU’s goal of reducing Europe’s dependence on Russian fossil fuels and strengthen European energy security.
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Swiss robotics company ANYbotics introduced ANYmal X, the first explosion-proof legged robot, at the Offshore Technology Conference Asia.
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A recent survey by the Dallas Fed indicates significant improvement in oil and gas companies’ outlooks, tempered by high levels of uncertainty in oil prices, ongoing supply-chain limitations, and workforce shortages. Small operators outpace large operators in expected increases in production.
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Discussions on long-term LNG supplies from Qatar to Germany to re-engage after years of uncertainty held up potential deals.
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Altus brings well intervention technologies, including tractor and power mechanical application solutions.
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Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
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Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.
