Management
The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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In the world of wind, Equinor has postponed its initiative indefinitely while Repsol moves ahead in Italy, and Portugal plans to auction offshore leases for wind farms.
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Woodside Energy awards all contracts for major work at multiple fields, while Helix Energy secures significant plugging and abandonment job on the Gulf of Mexico shelf.
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A testing and completion program for the CN-1 discovery is under review.
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New well on the South Salinas project encounters commercial quantities of oil.
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New well northwest of Cizre strikes 162 m of light oil pay.
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Life-extension project will double the facility’s life in hopes to double its output to date.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
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New probe extended past 5.3 miles deep in Tarim Basin.