Management
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.
-
Production from the field northwest of the Shetland Islands is expected to start in 2026 or 2027. -
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.
-
The development scheme for BM-C-33 includes an FPSO capable of processing gas and condensate without further onshore processing.
-
The contractor will transport and install pipeline related to the Wahoo development in the Campos Basin.
-
Wind power keeps rising across the globe, while new solar plant developments light up Louisiana and Texas.
-
Louisiana-based Commonwealth LNG project takes another step closer to FID with EQT HOA.
-
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.
-
The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin.
-
Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
-
Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
