Management
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20K-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the FPS’s role as a regional hub are helping open the door to more Inboard Wilcox development.
CEO says Europe’s third-largest oil field is entering a natural decline phase.
-
Updates about global exploration and production activities and developments. -
FPSO Léopold Sédar Senghor will be deployed at Woodside’s Sangomar field.
-
A recent wave of megadeals is weighing on the mind of many oil and gas executives in Texas, New Mexico, and Louisiana.
-
The C-NLOPB has green-lit the supermajor’s plans to develop new sands within the field’s Jeanne d’Arc formation.
-
The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.
-
Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
-
Production from the Sparta field is expected to start in 2028.
-
A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
-
The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
-
The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
