Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Touchstone Posts Production Numbers from Trinidad Asset by Rocky Teodoro | Rigzone Staff | Thursday, July 17, 2025 | 7:00 AM EST The acquired entity holds a 65 percent operating interest in the Central Block exploration and production license.

Exploration and Production

McKinsey

JULY 16, 2025

The goal is to confirm early-stage project readiness, technical design validity, and business-case credibility. Independent project challenge teams turn the review into a more realistic pressure test of a project’s business case, including its scope, costs, schedule, commercial terms, and assumptions as to overall returns.

Exploration and Production

Oil & Gas Journal

JULY 23, 2025

The sanctions package imposes bans on exports of refined petroleum products derived from Russian crude, financial and shipping restrictions, and a dynamic price cap on Russian crude, a report form Rystad Energy noted. China has better leverage in this scenario, so the focus has shifted to India’s Nayara refinery.

Refinery

Oilfield Technology

JUNE 26, 2025

This deployment features the second-generation Latch Hawk system, which includes key advancements such as novel sensor technology, enhanced shock and vibration resistance, a more robust casing design, cloud-based digital condition monitoring and an extended battery life of more than seven years. Already a member?

Offshore

Offshore Energies UK

MARCH 26, 2025

It aligns with the Offshore Energies UK (OEUK) Supply Chain Principles and the objectives of environmental, social, and governance (ESG) reporting. Legacy Locker promotes open and collaborative practices in the traditionally closed sector of offshore oil production and this is recognised by many operators.

Supply Chain

Offshore Energies UK

MARCH 26, 2025

Centrica Energy Storage+ (CES+) is a vital part of the Centrica family, managing the Rough gas storage facility offshore Yorkshire, with half the UKs gas storage capacity, and the Easington onshore terminal that it uses. This will enhance energy security and reduce environmental impacts by supporting hydrogen production projects nationwide.

Supply Chain

Offshore Energies UK

MARCH 26, 2025

It aligns with the Offshore Energies UK (OEUK) Supply Chain Principles and the objectives of environmental, social, and governance (ESG) reporting. Legacy Locker promotes open and collaborative practices in the traditionally closed sector of offshore oil production and this is recognised by many operators.

Supply Chain

True Natural Gas

MARCH 18, 2025

Let’s explore the journey of natural gas from its formation to its use as a reliable energy source. Offshore Drilling – Some natural gas deposits are found under the ocean floor, requiring specialized offshore drilling platforms. How Is Natural Gas Formed? How Do We Use Natural Gas?

Natural Gas

Oil & Gas 360º

MARCH 28, 2025

The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in shambles amid arguments over Citgos worth and parallel legal cases. Creditors are collectively seeking up to $21.3 BONDHOLDER ISSUES The Red Tree $3.7

Casing

Oil Review Middle East

MAY 8, 2025

Sahil Kochhar, head of Presales, Miros outlines the benefits of smart, data-driven solutions for effective jack-up operations For around 70 years, jack-up rigs have been at the forefront of offshore oil and gas exploration, acting as mainstays for drilling and production activities in most of the worlds hydrocarbon hotspots.

Offshore

The Energy Law

MAY 4, 2023

RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.

Exploration and Production

AWS: Energy (Oil & Gas)

MARCH 19, 2025

million, while an Offshore Wind Farm in the UK increased its revenue by 6%, demonstrating how data-driven decisions can simultaneously optimize business performance and advance sustainability goals. It has open architecture and explainable AI as compared to traditional OEM products. Workbench to create KPIs, FMEAs, and use cases.

Operator

The Energy Law

NOVEMBER 7, 2014

The Violation In March 2012, BSEE conducted an inspection of ATP’s floating production platform facility, known as the ATP Innovator, while it was moored to the sea floor about 45 nautical miles offshore of southeastern Louisiana (about 125 miles south of New Orleans) and engaged in the production of oil and natural gas.

Offshore

The Energy Law

MAY 5, 2016

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In a recent case, the Louisiana Fourth Circuit Court of Appeal held that processors must also account for gas volume diverted to gas lift operations. In Red Willow Offshore, LLC v.

Gas

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

Oil

The Energy Law

AUGUST 29, 2014

The reorganization gave BSEE regulatory authority (PDF) over safety and environmental affairs for OCS exploration and production activities. In all but the most egregious cases, the typical civil enforcement action has in the past been resolved with the correction of the noncompliance and the payment of any required civil penalty.

Field

The Energy Law

OCTOBER 15, 2020

In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. In such case, BOEM may require that the party provide additional security for decommissioning obligations for which such predecessor is not liable.

Pipeline

The Energy Law

JUNE 17, 2021

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (“OCSLA”), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule. Louisiana v. June 15, 2021).

Gas

The Energy Law

JUNE 17, 2021

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (“OCSLA”), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule. Louisiana v. June 15, 2021).

Gas