Oilfield Technology

JUNE 30, 2025

To meet the projects supply and delivery requirements, production will be carried out across Vallourec’s industrial sites in Brazil, China, and Indonesia. This order fully aligns with ADNOC’s ambitious target of reaching 5 million bpd of production by 2027. Already a member?

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Rigzone

JUNE 13, 2025

megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. Uniper expects the seven-turbine project to start construction 2027. The Tét project is planned to go online 2027. Klein via iStock Uniper SE has approved the construction of a 46.2-megawatt EXTOR Energy Zrt.

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Oilfield Technology

JULY 18, 2025

The current agreement, which began in August 2022, will now run until at least August 2027. This latest agreement underscores EnerMech’s growing reputation as a trusted partner in offshore lifting operations and maintenance, reinforcing its long-term commitment to supporting safe and efficient production in the North Sea.

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Hydraulic Fracturing Exploration and Production HSE Maintenance 52

Oil & Gas 360º

JULY 15, 2025

The proposal, filed with the Bureau of Land Management, would significantly extend the company’s Arctic footprint and marks its most ambitious exploration effort in the region since 2020. President Donald Trump continues to promote increased domestic energy production , particularly in Alaska. The move comes as U.S.

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McKinsey

JULY 9, 2025

Typical priorities include sharpening the value proposition to both captive and third-party clients; taking stock of distribution footprint, product range, and growth initiatives; finding the right approach to participate in alternative investments; and using technology to improve efficiency, resilience, and scalability.

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McKinsey

JUNE 16, 2025

This year’s survey respondents continued to be tepid on the prospect of OEMs achieving their current-generation production goals. On average, 81 percent of those surveyed expressed zero to moderate confidence in the ability of airframers to hit their production targets for 2026 and 2027.

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Supply Chain Exploration and Production Casing Maintenance 62

Enverus

APRIL 21, 2025

Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB).

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Oil & Gas 360º

APRIL 29, 2025

BPs management touted the early results of the strategy reset and the three project start-ups this year, out of 10 major projects expected to begin oil and gas production by 2027. BP remains committed to a target to reduce net debt to $14-18 billion by the end of 2027. However, BPs operating cash flow plunged to $2.8

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Oil Gas Leads

JUNE 5, 2025

oil and gas sector has defied the odds for over a decadeunlocking shale, scaling production, and securing global energy influence. If we can increase production by just 20%, it would be the equivalent of Saudi Arabias current volume, she told the audience. Oil Production appeared first on Oil Gas Leads.

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Oil & Gas 360º

APRIL 23, 2025

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

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Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. BPs internal planning assumptions currently model Brent crude at $71.50

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Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Rigzone

JUNE 6, 2025

“They also include agreements for BP to access to two new exploration and development licenses and introduce a new partner to accelerate exploration on a third,” the company added. billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.

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Exploration and Production Field Upstream Gas 52

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability.

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Oil and Gas Investments

NOVEMBER 27, 2024

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Getting to production is the challenge.

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Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million and 2.5 million barrels per day by 2030.

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Gas Oil Energy Energy 40

True Energy

NOVEMBER 26, 2024

Explore five key trends that will shape the future of flexible energy systems, providing substantial benefits for utilities and their customers. Share on Explore the critical role of AI, DERMS, and digitalization in enhancing energy flexibility to optimize grid stability and efficiency. Many other countries show similar trends.

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Energy Energy Utilities Management 52

Oil Review Middle East

MARCH 14, 2025

The company plans to ramp up oil and gas investment to US$10 bn a year and grow production to 2.32.5mn bpd in 2030, targeting 10 new major projects to start up by end 2027, and a further 810 by end 2030. Were back to our roots in terms of exploration, expanding in the UAE, Iraq, Libya and Oman.

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True Energy

NOVEMBER 24, 2024

Industry analysis predicts that 10 to 20 per cent of US fleets will adopt V2G by 2027 , with other countries already continuing along the same trajectory. Allows for better integration of renewable energy sources by storing excess production. These abilities are already being explored. Make no mistake this is happening now.

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Utilities Energy Energy Exploration and Production 52

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. We think that between 2027 and 2030 its likely that the U.S. oil production is already beginning to plateau. (BOE Report) – U.S.

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Oil & Gas 360º

MAY 19, 2025

oil production despite President Donald Trumps drill, baby, drill slogan. oil production is being accelerated and could be sooner than previously expected. crude oil production in which the slowdown in shale would be partly offset by rising output from the U.S. production overall would peak between 2027 and 2030.

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Oil & Gas 360º

MARCH 28, 2025

Aethon is exploring an IPO or asset sales, given demand for its product. A LITTLE GUN SHY Haynesville gas production is about half that of the prolific Permian Basin in Texas and New Mexico, but is expected to grow at a faster rate, according to government forecasts. It plans to spend at least $1.9 billion on its U.S.

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Oil & Gas 360º

MARCH 13, 2025

Energy Information Administration expects crude oil production to rise to a new record average of 13.61 Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas. shale oil production is set to plateau by the end of the decade.

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McKinsey

JUNE 30, 2025

McKinsey Global Institute’s recent research report, The next big arenas of competition , identifies embodied AI and robotics as one of five emerging frontiers that are shaping future global productivity and digital infrastructure. 1 “Humanoid robots for BMW Group plant Spartanburg,” BMW Group, November 11, 2024.

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McKinsey

JUNE 17, 2025

Explore MGI research on Geopolitics and the Geometry of Global Trade About that grinding sound you’ve been hearing: Not to alarm you, but that’s the tectonic plates of global trade shifting. 4 There is no single cross-country definition of what constitutes a “critical” product. Annual GDP growth is taken to be 3.6

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Exploration and Production Electronics Electronics Manufacturing 142