Management
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
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The operator also has increased its stake in the Kaikias field in the Mars basin. -
Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.
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The deal is subject to Mexico Pacific taking a final investment decision on the proposed third train at the Saguaro Energia LNG Project on Mexico’s Pacific Coast.
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The facility is destined for Equinor's Brazilian pre-salt development.
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The combined firm aims to create a stronger and more diversified geophysical company and energy data provider.
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The French company inked agreements at COP28 to share its newly developed CO2 and methane detection platform with NOCs in Brazil, Angola, and Azerbaijan.
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Chief Sultan Al Jaber told attendees in Dubai that declarations have been made on topics ranging from food to heavy emissions.
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It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.
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Updates about global exploration and production activities and developments.
