Asset Management
The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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McDermott’s completion comes 19 months after it was first awarded. SapuraOMV achieved first production from the Larak gas field in January.
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Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
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The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
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The economic impact report looked at scenarios involving current policies and potential bans on both drilling permits and offshore leases.
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This is Part 2 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.
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This is Part 1 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.
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Country had hoped to boost oil output and bring in much-needed revenues.
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Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels.
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The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.