Asset/portfolio management
The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG. -
The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.
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Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.
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Oil and gas companies play important roles in the global push for energy security and carbon reduction. Here’s how they can excel at both.
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After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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The infrastructure company placed the winning high bid in a bankruptcy auction.
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The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
