Management
At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
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The Houston-based independent will become the top producer in the Eagle Ford Shale with an output of 400,000 BOE/D and is eyeing 1,000 wells to refracture.
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The set of new-generation FPSOs will be delivered in 2029 equipped with technologies that can cut greenhouse emissions by 30% given the unit’s all-electric configuration.
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The first wells from the current North Sea development project are expected online in 2026.
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Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.
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Chiyoda, CB&I discussing how to complete the expansion project, which is expected online this year.
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TotalEnergies announced on 21 May the final investment decision for the deepwater Kaminho project offshore Angola, aiming for first oil by 2028.
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A new report finds the need for political, regulatory, and fiscal alignment to ensure a just and fair transition.
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The latest successful drilling campaign brings Suriname’s discovered resources to over 2.4 billion bbl of oil, according to Wood Mackenzie.
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This paper presents efforts and details of a pilot trial that was planned and executed to demonstrate the concept of repurposing existing wells into electricity generators instead of abandoning them.
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Projects across the globe are exploring the power of offshore wind in an effort to reach net zero.