Management
Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20K-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the FPS’s role as a regional hub are helping open the door to more Inboard Wilcox development.
-
The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
-
Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
-
The collection of undeveloped blocks includes 59 located in Nigeria's deep water.
-
Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
-
The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.
-
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
-
This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
-
The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
-
BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
-
With the right infrastructure and interoperability, subsea resident robotics could unlock more frequent, cost-effective inspections—and a new standard for offshore efficiency.