Asset/portfolio management
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025. -
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
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Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
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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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Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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