Asset Management
After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
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In a joint communiqué, the Group of Seven nations has called for an “absolute end” to new direct government support for unabated international thermal coal power generation by the end of 2021 and for fossil fuel financing to keep the objectives of the Paris Agreement within reach. -
UK major offloads North Sea stake to Tailwind Energy as it continues to adjust its portfolio in the region.
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The latest deal bucks a trend that has been dominated by moves to consolidate assets within a single basin by creating a multibasin company that its leaders say is better prepared for the "commodity roller coaster."
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Founded in 2017, Fervo Energy is aiming to leverage multistage hydraulic fracturing technology to create more-efficient geothermal wells that will power the Internet company's data infrastructure by 2022.
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The roadmap presented by the International Energy Agency requires extreme measures that could be career changing for petroleum engineers.
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With the world transitioning to a lower-carbon future, oil and gas firms face a conundrum: Should they stay in the oil patch or head for greener pastures?
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The EU sees the tightening requirements for gas investments, along with the cancellation of planned gas projects, as being in favor of renewables.
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Phongsthorn Thavisin, CEO of PTTEP, joins SPE Live for an interview about the operator's projects offshore Myanmar, Malaysia, and beyond.
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The two companies have agreed to team up so their most-valued drilling-automation programs can be used together easily. The relationship has shined a bright light on drilling automation.
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The operator is planning for an FPU in the Gulf of Mexico field that is capable of producing 100,000 B/D of oil.
