Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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The divestments leave PDVSA as sole shareholder of the onshore Petrocedeño project in the Orinoco Belt. -
Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
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The authors describe and assess the World Economic Forum’s initiative to develop human capital for the oil and gas industry at Satbayev University in Kazakhstan.
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New reserves will likely be developed via subsea tieback
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Finds could lead to Turkey becoming an exporter of natural gas
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Three-well plus two options campaign could add material gas reserves
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Forecasts for oil demand are looking up. Will the optimistic views prove to be on target? We have learned how the market can shift or wildly careen, both historically and in the very recent past. The outlooks, which reflect a consensus of sorts, is encouraging for producers.
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In his final column as SPE President, Tom Blasingame reminds members to never forget the enormous responsibility they bear in providing the global community with one of its most essential commodities. He calls for increased efforts to engage and contribute to our industry and to SPE to pave the way to sustainable and renewable energy.
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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Royal duo could add over 130 million bbl of reserves
