Asset/portfolio management
The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
The sale had 307 valid high bids worth more than $190 million.
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SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section. -
A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
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The Norwegian oil and gas producer announced its new spending plan that aims to raise production past half a million barrels a day.
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Shell’s venture capital subsidiary has acquired Sprng Energy, one of India’s largest renewables platforms, thus tripling its operating wind and solar power assets.
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The Eni-BP Azule JV creates Angola’s largest independent oil and gas company and will operate the New Gas Consortium project, the country’s first non-associated gas project and a boost to West African LNG.
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Baker Hughes has acquired the power generation division of the UK’s BRUSH group to grow its turbomachinery portfolio and decarbonization solutions capabilities.
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A new report shows that the offshore oil and gas sector is cautiously getting back to work, with some projects delayed and while EPC awards for sanctioned projects remain robust.
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Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
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The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin's E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.
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