Management
Industry leaders speaking during the opening plenary session at SPE’s Annual Technical Conference and Exhibition say they are optimistic yet pragmatic about delivering energy amid the energy transition.
BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
-
Train 1 of the Corpus Christi LNG Stage 3 project is expected to reach substantial completion during the first quarter of 2025. -
The Scarborough Energy Project is on track to start delivering liquefied natural gas in 2026.
-
Australia’s Ichthys LNG facility will provide feedstock, along with production from legacy Japanese gas fields that will also serve as repositories for CO2 storage.
-
The formal design and construction contract award comes after an LOI for the work was signed this past summer.
-
Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
-
After being a non-factor in the energy industry for years, the country is now one of the fastest growing regions.
-
Partners will go back to the drawing board to design a new well to reach the prospect’s primary objectives.
-
First oil from Beacon Offshore’s Shenandoah is on track for the second quarter of 2025. Project partners also have sanctioned a second phase of development and are advancing plans for a related project.
-
Arcius’ remit covers the Shorouk concession, home to the Zohr gas field whose production decline has been fueled by a lack of investment.
-
New IEA Report: Next-Generation Geothermal Can Go Global, But Oil and Gas Industry Must Show the WayThe upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.
