Management
Using emergency procedures, the permitting timeline is expected to be significantly reduced from years to weeks, in some cases.
The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage storage project is expected to receive its first carbon dioxide in 2028.
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Pilots and papers are plentiful, but the shale sector has no big enhanced oil recovery projects to speak of. It may just have to stay that way for a while.
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The project's floating LNG facility will be installed in the traditional territory of the Haisla Nation on Canada’s West Coast.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Startup work at Shell’s North Sea redevelopment project is on track to commence later this year.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
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Gas production from the field will be supplied to both the local market and the Nigeria LNG plant.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The EPCI contract will see a new water-injection pipeline added to the complex.
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The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
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Woodside Energy’s deepwater Sangomar field offshore Senegal has reached first oil, and company CEO Meg O’Neill called the reservoir quality “very, very close” to pre-drill predictions.