Management
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the Kingdom.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The contracts kick off another round of development in deep and ultradeep water off India’s east coast in the Bay of Bengal. -
Dutch leaders have voted to halt all future production from the large gas field due to seismic activity linked to extraction operations.
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The latest signs that momentum is building in the geothermal space include military bases.
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The $6-billion Azeri Central East (ACE) platform is the first BP-operated offshore production facility controlled from onshore.
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Kampala is drawing now on international experience to sidestep the “oil curse” before first crude flows from its Lake Albert developments.
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The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.
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If optimized to scale, fast fission reactors could play a role in reducing emissions in field operations by producing carbon-free electricity.
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The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands.
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Operator TotalEnergies wants to rework the EPC contract packages after initial bids challenged project economics.
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Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
