Management
Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
Ruwais is slated to be the first net-zero LNG facility in the Middle East and North Africa.
-
Program will focus on finding more resources around Goliat and Johan Castberg through 2026. -
The current program comprises six planned wells.
-
Gas reserves will prove an important feedstock for Atlantic LNG facilities.
-
Pair joins other E&Ps who have halted work in the area after disappointing results.
-
While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
-
Project consists of two production wells and a subsea tieback to ETAP.
-
Well is estimated to have encountered as much as 35 million BOE.
-
Two firms are using hydraulic fracturing to create high-pressure water reservoirs that can be turned on and off to meet electricity demand.
-
Rig will continue to work offshore India.
-
Part 4 of this series provides an overview of ongoing research and recent technology improvements within the US taking place in both academia and the service industry.
