Management
The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Project expects a total of 19 additional modules to arrive on site during 2025.
-
The formal design and construction contract award comes after an LOI for the work was signed this past summer. -
Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
-
After being a non-factor in the energy industry for years, the country is now one of the fastest growing regions.
-
Partners will go back to the drawing board to design a new well to reach the prospect’s primary objectives.
-
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.
-
Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
-
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.
-
Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
-
The institute is tasked with accelerating the deployment and scaling of cost-effective climate technology.
-
The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
