Management
Among the awards are contracts for four currently idle deepwater rigs.
The $26-million project will serve as a collaborative hub for research, engineering, and testing.
The deal targets increased investment and production from one of the country’s largest onshore developments.
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The new policy aims to accelerate the leasing timeline and expand access to public lands. -
Equinor said it plans to restart construction on the project, which currently is 30% complete.
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The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
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Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
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Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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Floatover topsides installation is the latest milestone in Woodside's $12.5 billion gas project.
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Operator Cenovus expects the concrete gravity structure to be moved in June, first oil to be produced in Q2 2026.
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The investment underscores ExxonMobil’s pivot to Nigeria’s offshore after it finalized the divestiture of its onshore assets in the country.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
