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FireBird Energy II Announces Partnership with Quantum in the Permian Basin

FireBird Energy II LLC ("FireBird II" or the "Company") announced the Company has secured equity commitments in excess of $500 million anchored by funds managed by Quantum Energy Partners (“Quantum”). The founders and employees of FireBird II, along with other strategic partners, are making significant equity commitments to the Company alongside Quantum. Headquartered in Fort Worth, Texas, FireBird II will invest in oil and gas properties in the Permian Basin with a primary focus on the Midland Basin.

FireBird Energy II Announces Partnership with Quantum in the Permian Basin

BSEE Revises Regulations to Provide Clarity and Improve Accountability for Decommissioning of Outer Continental Shelf Oil and Gas Infrastructure

To ensure offshore oil and gas wells, platforms, pipelines, and related infrastructure are decommissioned in a timely, safe, and environmentally responsible manner, the Bureau of Safety and Environmental Enforcement will publish a final rule that specifies decommissioning requirements for rights-of-use and easement grant holders and formalizes BSEE’s policies regarding performance by predecessors ordered to decommission Outer Continental Shelf facilities.

BSEE Revises Regulations to Provide Clarity and Improve Accountability for Decommissioning of Outer Continental Shelf Oil and Gas Infrastructure

Shell Completes Restart of Operations at the Pierce Field in the UK North Sea After Major Redevelopment to Enable Gas Production

Shell U.K. Ltd (“Shell”), a subsidiary of Shell plc, has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field producing only oil. Pierce is a joint venture between Shell companies (operator, 92.52%) and Ithaca Energy (UK) Limited (7.48%.)

Shell Completes Restart of Operations at the Pierce Field in the UK North Sea After Major Redevelopment to Enable Gas Production

The Bauge Field on Stream

On 8 April production started from the Bauge subsea field in the Norwegian Sea. Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent, mainly oil.

The Bauge Field on Stream

Roxtec Seals Simplify Energy Transition Projects

Many oil and gas companies upgrade their operations to reduce their carbon footprint. When adding units for hydrogen, carbon capture and biofuels, they want the same safety and quality as for their oil and gas facilities, plus sealing expertise within energy transition projects.

Roxtec Seals Simplify Energy Transition Projects
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