Management
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.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production. -
The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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This paper presents an approach to optimize the location of wellhead towers using an algorithm based on multiple parameters related to well cost.
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This paper explores electrical submersible generator design considerations, theoretical underpinnings, and potential future applications.
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This paper describes the application of learnings from an offshore project in the Caspian to an underground gas storage project to enhance drilling performance.
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Output from the field is expected to return to pre-shut down levels this summer.
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The current program comprises six planned wells.
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Gas reserves will prove an important feedstock for Atlantic LNG facilities.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
