Management
The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.
-
The 187-MW Peacock Solar project, expected to come online in the second half of 2024, is designed to help power a Gulf Coast Growth Ventures petrochemical complex. -
Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
-
The heated global jackup rig market has day rates for premium units climbing higher.
-
Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
-
The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
-
The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
-
The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
-
Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
-
Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
-
Machine learning has been shown to have a promising role in oil and gas explorations in recent years. Among the applications, determining a proper location for injection and production wells along with their optimal operating conditions is a complex problem.
