Management
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.
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Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value.
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This paper adds to ongoing research in hydrogen storage, focusing on efficient extraction of hydrogen to be stored potentially in depleted unconventional formations.
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Updates about global exploration and production activities and developments.
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FPSO Léopold Sédar Senghor will be deployed at Woodside’s Sangomar field.
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A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
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The C-NLOPB has green-lit the supermajor’s plans to develop new sands within the field’s Jeanne d’Arc formation.
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The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
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Production from the Sparta field is expected to start in 2028.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.