Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately US$50 million of acquisition and related development capital expenditures, primarily in the 3Q/4Q23.
The WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy to 2045.
The Akatara development project is now 70% complete, delivering on the end-September 2023 progress target of 65%. Long-lead time items continue to arrive at site on schedule and the project remains on track for commissioning in 1Q24 and first gas before mid 2024.
New episode of the Palladian Energy Podcast: Championing ESG in the energy sector, with DNV.
Mark Temple, Operations Coordinator at Coretrax, and Iain McHattie, General Manager – North Sea and Europe at Lee Energy Systems Inc., discuss the companies’ recent collaboration for a North Sea P&A project.
Equinor has signed a new long-term gas sales agreement with Austrian company OMV. The agreement is for 5 years starting 1 October this year and with an annual volume of 12 TWh.
The full list of references associated with the article entitled 'Mapping Out The Future Of MENA', which featured in the Autumn 2023 issue of Oilfield Technology.
C-Innovation do Brasil, was established in Brazil in July 2008, with their first operation taking place in November 2009.
bp has announced that Kate Thomson has been appointed Interim Chief Financial Officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s Interim Chief Executive Officer
BP has announced that Bernard Looney has notified the Company that he has resigned as Chief Executive Officer with immediate effect.
OPEC has noted, on the International Energy Agency’s recent Op-Ed published, asserting that fossil fuel demand would peak before 2030, that consistent and data-based forecasts do not support this assertion.
In this special bonus episode from Gastech 2023, Jente Quintens and Brandon Stambaugh from Owens Corning® join us to discuss insulation in the extreme.
The first face-to-face SPE Offshore Europe in four years was a success as more than 800 exhibitors and almost 30 000 attendees where present in Aberdeen, Scotland.
Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022 as the industry continued its drive to reach net zero by 2050.
The reinvestment rate of US shale oil producers has hit its highest level in three years in the 2Q23, but the recent trajectory will not last, according to Rystad Energy research.