Management
Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.
The platform brings the field’s installed production capacity to 1.5 million BOPD.
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Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed. -
COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.
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Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
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Honda Motors invests in fusion in hopes of finding ways to recharge EVs at scale.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
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The Offshore Technology Conference has announced the recipients of the 2024 Distinguished Achievement Awards.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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The contractor was tapped by Offshore Frontier Solutions to provide electrical systems and associated digital solutions for ExxonMobil’s fifth FPSO in the region.
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Bakken oil production surprised on the upside showing it can grow, but an encore is not expected this year.
