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.
-
A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana. -
The C-NLOPB has green-lit the supermajor’s plans to develop new sands within the field’s Jeanne d’Arc formation.
-
The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
-
Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
-
Production from the Sparta field is expected to start in 2028.
-
A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
-
The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
-
The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
-
The operator also has increased its stake in the Kaikias field in the Mars basin.
-
Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
