Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
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This paper presents circular environmental initiatives at Abu Ali Island in the Eastern Province of Saudi Arabia that led to sustainable and systematic decarbonization, ecosystem, and biodiversity programs. -
Updates about global exploration and production activities and developments.
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This paper describes the operator’s culture of circular decommissioning, with the main goal to improve environmental performance by implementing circular-economy principles during the engineering and execution of decommissioning projects.
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The operator will utilize drillship Deepwater Invictus for both development and exploration drilling under a 3-year pact.
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Shell moves its focus to other areas of the UK North Sea while ExxonMobil is making its final exit.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
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his paper presents research and application of a sustainable, low-density geopolymer alternative to Portland cement for cementing applications in low-temperature wells.
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Aramco’s investment pivot to gas aims to propel Saudi Arabia into the top tier of gas producers and LNG players globally by 2030.
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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.
