Asset/portfolio management
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
From credit markets to grid constraints, the forces shaping energy today go far beyond price. Inside the inaugural E3S symposium, industry leaders, policymakers, economists, and students explored how technology, financing, permitting, and supply chain resilience are redefining what it takes to power the energy future.
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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.
