Management
The Gorgon Phase 3 project will counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the Kingdom.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
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Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.
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A dozen new platform supply vessels will be supplied by Bram Offshore and Starnav Serviços Marítimos.
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The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027.
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The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.
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The proposed facility would be used to accelerate innovations in lithium extraction, carbon storage, and geothermal energy in addition to oil and gas technologies.
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This article examines how decommissioning costs impact project viability, showing that operational profitability can mask uneconomic end-of-life obligations, and advocates for ethical diligence in assessing these costs.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.