Management
BW Opal FPSO has capacity for 850 MMcf/D of gas, which will be treated and sent on to the Darwin LNG facility, and 11,000 B/D of condensate, which will transferred via tanker.
Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
Nearly 90% of investment since 2019 has gone to replacing lost production, with $570 billion in spending projected for 2025.
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A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. -
The good news is 95% of the oil companies in Texas are expected to survive 2020, which means there is a lot of bad news to endure.
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With contracts canceled and pressures mounting, offshore oil drillers struggle to stay afloat.
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A new licensing round will open up 136 blocks in the Arctic Barents Sea.
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The $20.7-billion agreement is the single-largest energy infrastructure investment in the region.
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COVID-19 will fundamentally affect the world’s energy systems and the pace and direction of global transition. The WEC identified a three-stage, respond-rebuild-recreate model being adopted by energy companies in response to the pandemic.
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For successful development and execution, renewables—as with other capital projects —require diligent opportunity shaping. Five key steps for shaping renewable energy projects are discussed.
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US oil and gas job losses due to pandemic-related demand destruction amount to 84,000—that’s 105,000 jobs year to date.
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Potential suitors to acquire Chevron’s stake in the LNG project include co-owner and operator Woodside.
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Sandvik and Van Oord’s announcements come a week after oil major BP said it’s slashing 10,000 jobs.
