Management
The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
Changgui Xu will receive the 2026 Individual Distinguished Award, and CNOOC will receive the 2026 Institutional Distinguished Award.
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By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030. -
The energy technology company received an order from Twenty20 Energy for 10 gas turbines to power US data center infrastructure.
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The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
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The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
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The development is expected to add approximately 39 million BOE in recoverable resources to the Solveig field.
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The appraisal well in Utah confirmed a geothermal resource exceeding 555°F at a depth of approximately 11,200 ft.
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The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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The deal positions the merged company to benefit from an expected offshore drilling upcycle.
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Suspended by force majeure since the spring of 2021, work on the Mozambique LNG project has restarted with over 4,000 workers now engaged onshore and offshore to meet a 2029 deadline for first LNG.
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Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
