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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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The company behind a 42-mile sand conveyor system is now leaning into autonomous vehicles for proppant logistics. -
In addition to securing the rig, Equinor has, on behalf of the partners, awarded SLB, Baker Hughes, and Halliburton agreements for drilling and well services for the Raia project worth around $109 million.
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The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
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The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
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The process developed by Moscow’s Skolkovo Institute of Science and Technology shows promising results in the laboratory, suggesting a novel method to produce hydrogen from natural gas reservoirs while trapping carbon in permanent storage.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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A new article offers a comprehensive review of worldwide energy transitions to carbon neutrality and introduces the Decarbonization Index, an innovative indicator designed to gauge the progress of a nation’s energy transition.
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.
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The field is expected to begin production in 2027 using a normally unattended platform and eight development wells.
