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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The Ksi Lisims floating LNG facility is planned to be the world's lowest emission-intensity LNG facility and net-zero ready by 2030. -
The project’s revised development plan now incorporates a carbon capture facility.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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The “Western Haynesville” boasts big gas IPs with potential running room.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
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Production from the Sparta field is expected to start in 2028.
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The deal will quadruple Tokyo Gas' natural gas production volumes from the Haynesville Shale.
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The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf.
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The operator also has increased its stake in the Kaikias field in the Mars basin.
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Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years.
