Management
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
The new development is estimated to hold 46 million recoverable bbl of oil and is planned to start up in late 2028.
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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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. -
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.
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A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
