Management
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
North Sea tieback to the Troll C platform could begin production by the end of 2029.
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A new partnership aims to leverage technology developed for geothermal wells to create a new drilling system for complex offshore wells. -
Inpex’s investments in wind, solar, and battery storage through 2030 will also support decarbonization at the Ichthys natural gas and LNG project in northern Australia.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics.
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In addition to securing the rig, Equinor has, on behalf of the partners, awarded SLB, Baker Hughes, and Halliburton agreements for drilling and well services for the Raia project worth around $109 million.
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The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
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The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
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The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
