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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028. -
The project is the most northern field offshore Norway to begin production.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
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TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
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A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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Amia Morgan, SPE, highlights this event designed to bring together students, young professionals, and seasoned industry experts to foster mentorship, inspire the next generation of STEM leaders, and promote inclusivity.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
