Australia’s main oil and gas lobby group and analysts who see gas as crucial for the transition to renewable energy welcomed the decision.
A deepwater Gulf of Mexico discovery by Hess and a Niobrara well producing in Wyoming’s Converse County top this week’s drilling activity highlights from around the world.
Australia’s dormant carbon capture and storage projects may gain some momentum after BP Plc and Santos Ltd. said they would join up on a pending site as the world’s largest coal and LNG exporting country steps up its climate change fight.
Santos announced the award of contracts on March 3 for the supply and installation of subsea infrastructure for the Barossa project, the last major facilities commitments ahead of a Final Investment Decision (FID).
Oil companies eyeing the Great Australian Bight have long battled opposition from green groups concerned about potential damage to fishing towns.
Chesapeake high-volume Marcellus, Haynesville completions plus Continental Middle Bakken discoveries and Alaska North Slope delineation tests by ConocoPhillips top this week’s drilling activity highlights from around the world.
Halliburton Co. has been awarded seven contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys project in the Browse Basin offshore northern Australia on Jan. 28.
A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.