Management
Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
-
The authors of this paper present the results of an assessment of two regions in Uruguay suitable for bottom-fixed offshore wind technologies.
-
Jackup rig Borr Norve has started drilling operations on the project’s fourth production well, DHIBM-6H.
-
Additional milestones reached could add $14 million to purchase price.
-
Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
-
The Uganda oil project envisions drilling more than 450 wells on 35 well pads, leading to an estimated production of 230,000 BOPD at its peak once production starts up.
-
The next phase of drilling is expected to resume in mid-2024 and includes several sidetrack wells, long-reach directional wells, and stratigraphic exploration wells.
-
Challenges to development, including costs, cited as reasons for turning back the acreage.
-
Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
-
Wave power plus a subsea battery can be a reliable source for subsea operations, to a point.
-
Woodside confirms key contracts for deepwater Mexican Gulf development.