Management
Using emergency procedures, the permitting timeline is expected to be significantly reduced from years to weeks, in some cases.
The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage storage project is expected to receive its first carbon dioxide in 2028.
-
A Houston-based geothermal startup just got "liked" by the parent company of Facebook. -
Proving that green hydrogen can efficiently power steel pipe manufacturing could advance the EU’s plan to decarbonize its heavy industry by importing the sustainable fuel from North Africa after 2030.
-
Investment in the Kingfisher and Tilenga upstream projects together with the East African Crude Oil Pipeline and a new refinery represents a $20-billion economic lift to the country.
-
The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region.
-
Rig counts are down since 2023, but well productivity is marching forward.
-
The industry is balancing brains and bots as it squeezes out barrels of oil production.
-
The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
-
At peak, annual production from the two fields offshore Italy is expected to reach 1.5 Bcm.
-
Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
-
Partners in Arrow Energy, Shell, and PetroChina expect to drill 2,500 new gas wells over 27 years to feed the Queensland Curtis LNG plant.
