Production
The agency’s July outlook also showed crude prices holding below $60/bbl for most of 2026.
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
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Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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Secondary and tertiary efforts are critical for sustaining the productive lives of unconventional plays.
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Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year.
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Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
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This paper describes the use of coiled tubing in a pilot project for carbon dioxide injection, enabling evaluation of the conversion of an existing oil field for CCS purposes and derisking storage-development uncertainties before having to cease hydrocarbon production.
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This paper describes the first riserless coiled tubing services operation performed in a live subsea well and the associated improvements in efficiency, cost savings, and safety.
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This paper describes a case history in the UAE in which the cleanout of scale contaminated with naturally occurring radioactive material was conducted successfully.
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Updates about global exploration and production activities and developments.
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