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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Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
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The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
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The economic impact report looked at scenarios involving current policies and potential bans on both drilling permits and offshore leases.
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This is Part 2 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.
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This is Part 1 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.
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Country had hoped to boost oil output and bring in much-needed revenues.
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The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
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Petrofac’s well management contract comes nearly a month after IOG received approval for phase 1. The contract also follows an EPC contract awarded to Subsea 7 in May.
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Mississippi land no longer up for grabs, as the fed continues to postpone or cancel the sale of public parcels.