API opposes new restrictions on offshore oil and gas development
US offshore oil and gas accounts for 14% of US crude oil output, or nearly two million barrels per day (mbbl/d).
07 January 2025
07 January 2025
US offshore oil and gas accounts for 14% of US crude oil output, or nearly two million barrels per day (mbbl/d).
The record output is due to high regularity, no turnarounds and efficiency upgrades such as riser replacements on Troll B.
The Chadar field is located in the Sirte Basin to the south-east of Ajdabiya in eastern Libya.
Coterra Energy is the first operator to fully automate and control hydraulic fracturing design and execution.
Serbia has formed a coordination body to ensure stable oil and gas supplies.
The pipeline's structural integrity weakened over time due to overbending and kinking, causing the spillage.
The region is set to add a capacity of 32.43mtpa from more than 70 new-build, planned, and announced projects.
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