Asset/portfolio management
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
The North Sea Transition Authority has published its first table identifying 13 operators that are behind schedule in decommissioning their inactive North Sea wells.
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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. -
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.
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The Permian Basin operator said the purchase ‘checks all the boxes’ it looks for in an acquisition.
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BP and Equinor win four deepwater exploration blocks in the C-NLOPB’s call for bids.
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The deal upon closing at year-end would expand Marathon’s position in the south Texas shale play by 130,000 net acres.
