20 December 2023
20 December 2023
Analysis of 2023 oil and gas trends shows companies adjusting to a changing market, with regions looking to cleaner energy and new tech.
Layaran-1 marks the company's first deep-water well, with an estimated six trillion cubic feet of gas.
Equinor will supply state-owned Securing Energy for Europe (SEFE) with approximately 111 terawatt-hours (TWh) of natural gas annually from 1 January 2024 until 2034.
Andrew Griffiths, a director at Planet Mark, suggests that minimising and bringing back down overshoot should now become the priority.
The Sparta project is projected to reach peak production of approximately 90,000 barrels of oil equivalent per day (boe/d).
Kodiak, which provides contract compression services, expects the acquisition to create a company with compression capacity of 4.3 million horsepower.
The French company also signed a deal with the Nigerian National Petroleum Corporation (NNPC) to undertake methane detection and measurement campaigns.
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