Management
Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds. -
Located 230 km south of Abu Dhabi, the onshore Shah field produces around 70,000 B/D of crude.
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Wood Mackenzie reports that prices would need to rise, capital discipline would need to evolve, and spending would need to increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario.
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By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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The Norwegian operator engaged BW Offshore and Altera Infrastructure to take a run at a development scheme for the project.
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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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A recent study highlights the major challenges the technology faces as operators consider the pros and cons of using additive manufactured parts in a corrosion-prone environment.
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This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships.
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Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
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The money will aid the partnership of Equinor and Standard Lithium in constructing a processing plant, which, in its first phase, is targeted to produce 22,500 tonnes of lithium carbonate per year for use in battery production.
