Management
The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
-
ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston. -
The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
-
A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
-
After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
-
The project advances toward the final investment decision expected this year.
-
Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
-
The US contractor will provide subsea installation services with work expected to begin in 2026.
-
Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
-
Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
-
The agency’s short-term outlook forecasts modest declines in production for the rest of this year.
