Management
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields. -
An oversupply of LNG carriers is putting downward pressure on charter rates, pushing them to historic lows. Newbuild LNG carrier deliveries have been outpacing the construction and permitting of new liquefaction facilities needed to support them.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
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TechnipFMC diver Stuart Cowie shares his 17-year experience working as a saturation diver in the oil and gas industry and how to manage mental health and well-being during the often-isolating work demands.
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Nine companies, including one small business, were recognized this year for their demonstrated advancements in the industry.
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This is DNO's tenth significant find in the hotspot area offshore Norway.
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The $206 million deal for the fields offshore Trinidad and Tobago is expected to close in the third quarter of 2025.
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The company said that adding Altair technology to its Xcelerator open digital business platform will create the world’s most complete AI-powered portfolio of industrial software.
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The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.
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The energy-focused LLM project by Aramco Americas, SPE, and i2k Connect has entered the testing phase and is on track for licensing to operators later this year.
