Management
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the Kingdom.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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A Harvard economist is considering ways to protect workers from the inevitable economic shocks of the so-called “energy transition.” -
An increased focus on energy security and the effects of progressive policies and gridlock in decarbonization technology are a few of the key takeaways in DNV’s 2023 Energy Transition Outlook.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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Oil and gas professionals from 70 countries turned out for the 2023 SPE Annual Technical Conference and Exhibition (ATCE) in San Antonio, Texas.
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The computer vision startup from Porto Alegre, Brazil, earned both the People’s Choice award with a prize of $3,000 and the Best in Show award of $25,000.
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A drop in the number of wells drilled on the UK Continental Slope is concerning as many fields in the mature basin are reaching the point of production cessation.
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SponsoredThe Wyoming Gas Injection Initiative (WGII) makes available $22 million of matching funds from the State of Wyoming to implement, in close collaboration with oil and gas operators and Dow, multiple field pilot projects in the State of Wyoming. The Initiative will fund projects over a 3- to 5-year period to support developments with significant potential to enhance wel…
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Green Hydrogen International and Inpex have agreed to work together to develop GHI’s flagship project while evaluating large-scale green hydrogen/ammonia exports.
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The energy transition stays front and center as Dogger Bank, the world’s largest offshore wind farm, begins exporting power. Elsewhere, India goes green and CCS in Canada hits a snag.
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The nearly $60-billion deal will see ExxonMobil more than double its Permian Basin output to over 1.3 million BOED.
