Management
The new wells at Zohr are key to a plan to return Egypt’s gas production back to “pre-crisis” levels by June 2025.
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.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets. -
The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
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Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
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Blocked by sanctions from obtaining Western technology, Tehran has turned to its domestic service industry to expand production as Chinese demand reaches new highs.
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ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
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The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
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A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
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After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
