Management
At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development. -
If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse-gas emissions, the fourth-largest US bank said in a climate report.
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Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
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The project will implement two distinct carbon technologies aimed at capturing and storing carbon dioxide. Svante’s CEO Claude Letourneau describes his company’s solid-sorbent technology used in collaboration with Climeworks, one of the awarded companies.
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Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.
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The new vessels bring QatarEnergy’s fleet to 104 as the company ramps up production with its North Field expansion.
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The US supermajor aims to speed the commercialization of a new liquid solvent that strips carbon dioxide from industrial flue gas.
