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.
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Nation also changes fiscal regime to attract new investment. -
New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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The energy ministry instructed a shutdown following Hamas missile strikes.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
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The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
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Standard Lithium says the latest drilling project indicates an increasing trend of lithium concentrations in the Texas portion of the Smackover formation.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.
