Management
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20K-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the FPS’s role as a regional hub are helping open the door to more Inboard Wilcox development.
CEO says Europe’s third-largest oil field is entering a natural decline phase.
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The EPCI contract will see a new water-injection pipeline added to the complex. -
The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.
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Woodside Energy’s deepwater Sangomar field offshore Senegal has reached first oil, and company CEO Meg O’Neill called the reservoir quality “very, very close” to pre-drill predictions.
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The contractor will have 3 years to conduct front-end engineering and design for the initial phase of the project.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.
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YP and petroleum engineer Natan Battisti spoke with The Way Ahead about the role SPE's mentoring program played in his career and his motivation for helping others as a mentor.
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The two Houston area-based companies have struck an agreement valued at almost $1.6 billion.
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The sales and purchase agreement obliges Taiwan’s national oil company, CPC, to buy 4 mtpa of liquefied natural gas for 27 years while Taipei also acquires equity in the North Field East.
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A May expedition identified 10 mud volcanos on the Norwegian Continental Shelf, and geochemical and biostratigraphy tests are underway to determine the age of the mud and the potential for hydrocarbons.
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A newbuild Fast4Ward hull will be used as part of the Block 58 development set for FID prior to year-end.
