Asset/portfolio management
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.
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.
-
A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia. -
BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
-
JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
-
ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
-
Although the global total drilling rig supply is tightening as contractors sell off modern units for nondrilling purposes, day rates are expected to remain flat or dip in the near term, according to an analysis by Esgian.
-
The $5-billion Tiber-Guadalupe project in the Gulf of America is BP's second major project in the region to be sanctioned in 2 years.
-
Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
-
Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
-
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.
