Management
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.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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The 187-MW Peacock Solar project, expected to come online in the second half of 2024, is designed to help power a Gulf Coast Growth Ventures petrochemical complex. -
Operator pays $400 million for a 40% stake in tract that contains the $6-billion Cameia/Golfinho project.
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The heated global jackup rig market has day rates for premium units climbing higher.
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Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027.
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The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
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The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
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The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
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Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
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Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
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Machine learning has been shown to have a promising role in oil and gas explorations in recent years. Among the applications, determining a proper location for injection and production wells along with their optimal operating conditions is a complex problem.
