Onshore/Offshore Facilities
Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.
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The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction. -
Phased work to remove Heimdal and Veslefrikk A from the Norwegian North Sea shelf should be completed sometime in 2025.
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.
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If approved, Vineyard Wind 1 would be the first commercial-scale offshore wind project in the US.
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Oil major boosts its initial offer for transmission assets.
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Project partnership eyeing an additional 10% recovery from venerable offshore field.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.
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The drilling program is the first exploration well to be drilled in production license 785 S.
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The paper outlines specific issues, mitigation steps, and lessons learned during the development phase of a corrosion-resistant alloy pipeline.
