Management
The ruling means the state will take over permitting and enforcement of EPA regulations pertaining to all classes of wells, including injection wells for carbon dioxide storage.
Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
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While it remains today only an idea, there are but a few barriers keeping an unmanned floater from being realized, according to one of the world’s leading offshore engineering firms. -
In 2004, US oil production was in decline, Facebook did not exist, and attitudes toward climate change were in flux. In years since, what has happened—and what’s important for the oil and gas industry of tomorrow?
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Hydrogen is big news, and not for the first time. But this time could be different. This article looks at the current state of enabling technology, obstacles to a hydrogen economy, and signs that the hydrogen economy could be emerging.
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A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework Classification.
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Saudi Aramco has suspended the contract for the Seadrill co-owned jackup drilling rig for up to 1 year.
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Brazilian oil and gas company Petrobras has reached a production record on Búzios field located in the Santos Basin pre-salt offshore Brazil.
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Malaysian oil company Petronas has hired Maersk Drilling’s rig Maersk Developer for a one-well exploration campaign off the coast of Suriname.
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Lukoil has begun wildcat drilling at an exploration well at the Shirotno-Rakushechnaya prospect structure, located north of the V.I. Grayfer field in the Caspian Sea.
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The calls for change and transition in the industry are ubiquitous and emanating from within and outside of the industry.
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Egypt has completed 12 petroleum agreements worth at least $1 billion in addition to a $19-million signature bonus for drilling 21 wells, said Tarek E-Molla, Egypt’s Minister of Petroleum and Mineral Resources.
