Asset/portfolio management
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia. -
Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
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Executives from BKV Corp. share why the mid-sized natural gas producer is diving headfirst into carbon sequestration projects and why you should too.
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Oil giant looks to shed Canadian tight-oil assets as it moves to wrap up merger with rival Hess.
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At more than $140 billion, M&A market activity in the fourth quarter delivered the best showing of the year.
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In a sale agreement valued at $2.4 billion, Shell will move on from its Niger Delta upstream business which it has operated since 1979.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
