Management
The Essington-1 well is the first discovery in the Otway since 2021.
The ruling means the state will take over permitting and enforcement of EPA regulations pertaining to all classes of wells, including injection wells for carbon dioxide storage.
Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
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New terms would allow contractors more than 50% equity share in some new blocks. -
BP, QatarEnergy and Zarubezhneft were among the other winners.
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The energy ministry instructed a shutdown following Hamas missile strikes.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
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The two newest crew members of the Pazflor floating production, storage, and offloading unit are a pair of robots capable of inspecting 1,700 different points of interest.
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The three companies signed a Memorandum of Understanding to explore the development of an energy-specific large language model.
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Standard Lithium says the latest drilling project indicates an increasing trend of lithium concentrations in the Texas portion of the Smackover formation.
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Higher oil prices and increased demand resulted in better returns for oilfield service companies.
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AIQ, ADNOC, and SLB announced a new software suite that integrates artificial intelligence into reservoir analysis and field development projects.
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The Bipartisan Infrastructure Law will be used to distribute $7 billion to the seven projects across the country.
