Management
Using emergency procedures, the permitting timeline is expected to be significantly reduced from years to weeks, in some cases.
The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage storage project is expected to receive its first carbon dioxide in 2028.
-
Startup company LongPath Technologies has received conditional federal financing to install 1,000 methane detection towers spanning multiple US states. -
The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030.
-
The project aims at boosting India’s domestic oil production by 11% and gas production by 15%.
-
The project’s revised development plan now incorporates a carbon capture facility.
-
Angola leaves OPEC after 16 years to leverage its oil resources for economic growth.
-
Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
-
Houston-based independents will combine to form a company with a production total above 500,000 BOE/D and valued at $21 billion.
-
The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
-
The facility is destined for Shell’s deepwater Gulf of Mexico development.
-
Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.
