Management
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
Gautam Swami, manager of corporate R&D at NOV and SPE member, shares his experiences in building a career in oil and gas R&D, discusses how innovation is shaping the industry, and offers guidance to young professionals.
The new policy aims to accelerate the leasing timeline and expand access to public lands.
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First oil from Beacon Offshore’s Shenandoah is on track for the second quarter of 2025. Project partners also have sanctioned a second phase of development and are advancing plans for a related project.
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Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
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New IEA Report: Next-Generation Geothermal Can Go Global, But Oil and Gas Industry Must Show the WayThe upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.
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Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
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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.