Management
Using emergency procedures, the permitting timeline is expected to be significantly reduced from years to weeks, in some cases.
The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing.
The UK North Sea Transition Authority has awarded the required permits for the East Irish Sea project, and the project has reached financial close. The carbon capture and storage storage project is expected to receive its first carbon dioxide in 2028.
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Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy. -
Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America.
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A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.
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A Kimmeridge Energy executive said at the Unconventional Resources Technology Conference that he wants to "make unconventional resources investable in a low-carbon world."
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The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
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The Swiss-based company Hydromea announced advances in underwater optical modem technology and development of an underwater monitoring system capable of daily data sweeps remotely.
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Cash from the Japanese transport specialists will be used to bring Deflin FLNG vessels to FID.
