Onshore/Offshore Facilities
In a move tied to national security, a Trump-appointed committee voted to exempt oil and gas drilling in the Gulf of Mexico from Endangered Species Act requirements, marking the first such exemption in 3 decades.
PTTEP and SPE formalized a new partnership at OTC Asia 2026 to advance technical knowledge, professional development, and collaboration across the energy sector. The agreement aims to turn global expertise into practical solutions for inspection, maintenance, and asset integrity—key priorities in an evolving industry.
Updates about global exploration and production activities and developments.
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The integration of new technologies and innovative approaches plays a pivotal role in driving sustainable advancements and value gains. These advancements are crucial for enhancing operational efficiency, reducing environmental impacts, and meeting the increasing global demand for natural gas as a key fuel powering the energy evolution.
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To avoid costly interventions like sidetracking or wellbore abandonment, a check-valve system was installed near the sandface within three injector wells which prevented the mobilization of fines from the reservoir into the wellbore by stopping backflow.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.
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Canadian independent sees divestment occurring in the first half of 2024, putting it out of the LNG business.
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The department says the four areas, totaling 410,000 acres, have the potential to power 1.2 million homes.
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A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
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After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.
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The project advances toward the final investment decision expected this year.
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The US contractor will provide subsea installation services with work expected to begin in 2026.
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The bureau estimates that the project, previously known as Vineyard Wind South, would generate up to 2,600 MW of electricity, enough to power more than 900,000 homes.