Asset Management
The collaboration aims to provide a dedicated land rig for geothermal wells in the US.
Expected to be commissioned in 2027, the new pipeline will double the UAE's current capacity of 1.8 million B/D of crude that can be transported beyond the contested waterway.
Analysis from Wood Mackenzie warns that a prolonged closure of the critical waterway would have lasting effects on the global economy and Middle East supply capacity.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal. -
TotalEnergies, Global Infrastructure Partners, and NextDecade divvy up Train 4 stakes ahead of an expected FID in September.
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The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
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Deepwater Yellowtail project, onstream 4 months ahead of schedule, is expected to produce an average of 250,000 BOPD.
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The collection of undeveloped blocks includes 59 located in Nigeria's deep water.
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Azule’s new FPSO is the first in the world to feature a pilot carbon capture and storage unit that sequesters CO₂ from onboard gas-turbine exhaust.
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The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.
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Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
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This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
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The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
