Management
A series of major advances will move Phase One of the Alaska LNG Project from the development phase into execution.
The expansion project by QatarEnergy is expected to increase LNG production capacity to 142 mtpa when it goes online.
The Nasr-115 expansion project, within ADNOC’s larger Ghasha concession, is part of a development aimed at increasing capacity to 115,000 BOPD by 2027.
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Sale includes stake in the Abadi gas project. -
Studies center on subsea wells connected to an FPSO.
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Find could hold as much as 130 million BOE.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
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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 best wells in which to find lithium are in old conventional fields where rusty pump jacks are pulling out mostly water.
