Under the contract, Velesto will assign the NAGA 5 rig to drill a firm 15 wells. Operations are scheduled to begin in June 2025.

The Shenandoah FPS is in the final stages of hook-up and is expected to begin producing oil later this summer.

The contract’s scope of work includes design, execution, and evaluation of multistage hydraulic fracturing treatments deployed across a range of Abu Dhabi assets.

The newly sanctioned project aims to increase recoverable volumes at the oil field offshore Norway by 40-50 MMboe through the installation of new subsea infrastructure.

The cargo is destined for global markets, marking the start of operations at Canada’s first large-scale LNG export plant.

The US Department of Energy said June 30 it will update the National Environmental Policy Act, the bedrock law ensuring federal agencies consider environmental impacts of ...

Alongside providing an overview of the company’s recently proposed trio of US renewables projects, this article discusses Phillip 66’s ongoing evaluation of future uses for ...