Management
The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Project expects a total of 19 additional modules to arrive on site during 2025.
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The operator’s deepwater discovery in the Gulf of Mexico is potentially commercial, and government analysis indicates the gulf holds 1.3 billion BOE more reserves than estimated. -
As part of Italy's Mattei Plan—named after Enrico Mattei, Eni's first chairman—Eni will invest close to $9 billion each in Algeria, Libya, and Egypt.
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The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.
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Terra Drone will support Aramco's operations and Saudi Arabia's technological and economic progress.
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Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
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The project is the most northern field offshore Norway to begin production.
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Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
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The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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Ginger is among the 10 upstream projects that BP plans to bring on-stream by 2027 after resetting its strategy to raise oil and gas investments to $10 billion per year.
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The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
