Asset/portfolio management
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
Hungary’s MOL Group captures a major project within the EU and its largest upstream opportunity since it farmed into in Azerbaijan’s ACG offshore field.
-
Petronas and Pertamina purchase 35% stake in offshore Indonesia parcel which contains the Abadi gas project. -
Public companies shoring up inventory leads to a shift in Permian asset ownership.
-
The contract calls for Baker Hughes to supply equipment for three liquefaction trains for the project located in Brownsville, Texas.
-
The contract awarded by MODEC is for the supply of gas technology equipment for installation on the project’s FPSO.
-
Private-equity producer adds over 160,000 acres in Wyoming’s Powder River Basin oil play.
-
The offering includes automatic evaluation of project economics and enhances collaboration to cut the time required for field development planning by up to 50%, according to the companies.
-
The transaction is part of a broader strategy by Eni to reduce its oil portfolio in favor of natural gas.
-
The deal is expected to support the liquefied natural gas exporter’s Sabine Pass liquefaction expansion project.
-
The contractor will see the delivery of its first subsea production systems to Azule Energy.
-
A flurry of activity has resulted in several long-term contract extensions.
