Oil & Gas 360º
JULY 28, 2025
Federal offshore oil, by contrast, hasn’t kept pace. Meanwhile, federal offshore gas production continues to fade, slumping to just 0.8 Tcf in 2024—less than one-third of its 2005 level. While output from the Gulf of Mexico did edge up, it remained at 1.8 The share of U.S.
Oil Review Middle East
JULY 25, 2025
NMDC Energy’s 400,000 sq m fabrication yard in Ras Al Khair, Saudi Arabia, became fully operational during the quarter, strengthening the company’s offshore EPC and modular construction capabilities across the region.
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McKinsey
JULY 10, 2025
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. Transport type: Offshore pipeline transport costs are typically 1.3
Rigzone
JUNE 27, 2025
Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.
Rigzone
JULY 30, 2025
Block A-18 which includes Cakerawala, Bumi, Suriya, Bulan, and Bulan South fields, started production in 2005, while Block B-17-01 began production in 2010. Covering an area of approximately 2,800 square miles (7,250 square kilometers), it is a key source of natural gas and condensates for Thailand and Malaysia, according to the release.
Oilfield Technology
JULY 28, 2025
By comparison, crude oil production in offshore federal lands has increased at a slower rate but at 1.8 Unlike the relatively flat crude oil production trend in federal offshore areas, federal offshore natural gas production has been generally declining for years. In 2024, federal offshore natural gas production measured 0.8
Energy Central
APRIL 7, 2022
Canada's Bay-du-Nord offshore oil project has received federal government approval. It is scheduled to go onstream by 2028, two years before the country’s 2030 deadline to reduce emissions from the sector by 31% from 2005 levels. One could claim the government is suffering from cognitive dissonance in this decision.
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