Management
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.
The Spotlight on New Technology Awards recognize breakthrough innovations that demonstrate significant technical advancement and potential impact across the offshore energy value chain. The awards will be presented during OTC Asia, 31 March–2 April, in Kuala Lumpur, Malaysia.
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With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
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The Scarborough energy project is targeting first LNG cargo in 2026.
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Deepwater US Gulf field is now pumping hydrocarbons back to the Appomattox platform.
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The largest project to date will add a capacity of 250,000 B/D starting in 2025.
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The Australian oil and gas company said the new commitments underscore its goal to achieve net zero Scope 1 and 2 emissions by 2040.
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The work covers integrated well construction services for the Búzios field off Brazil.
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Houston-based Chord is set to see its daily output increase to a basin-leading average of 287,000 BOE/D.
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.