Management
This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships.
Of the 53 licenses awarded, 33 are in the North Sea, 19 in the Norwegian Sea, and one in the Barents Sea.
The money will aid the partnership of Equinor and Standard Lithium in constructing a processing plant, which, in its first phase, is targeted to produce 22,500 tonnes of lithium carbonate per year for use in battery production.
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New funding aims to launch up to seven pilots to help expand the deployment of enhanced geothermal systems. -
QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
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The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.
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Namibia, Brazil, and Algeria scored major discoveries in 2022 as the industry drilled fewer exploration wells but found better and larger prospects.
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State of Energy report also sees a widening role for natural gas due to robust global LNG demand.
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The use of artificial intelligence in the clean energy sector increases the availability and accessibility of clean energy, making it a more viable and cost-effective alternative to traditional energy sources.
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Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.
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Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.
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Two PSCs have been sold to PSEP for $475 million.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
