Management
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.
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
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Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon. -
A new publication from Ipieca and the International Association of Oil and Gas Producers presents a health-focused roadmap for navigating the energy transition.
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The new company, to be called Whitecap, will be the largest Alberta Montney and Duvernay landholder, sporting 370,000 BOE/D in combined production.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
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The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.
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Mero expects to increase its production capacity to over 700,000 B/D.
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The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
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The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.
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This article kicks off a Q&A series from the SPE Research and Development Technical Section, focusing on emerging energy technologies. In this piece, Amy Bason of the Oil and Gas Climate Initiative highlights decarbonization efforts in global transportation.
