Asset/portfolio management
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
The UAE project is expected to produce up to 345 MMscf/D by 2029, with expansion potential to 1 Bcf/D.
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As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
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Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
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Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
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Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
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Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
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Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
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FPSO Nganhurra, laid up in Malaysia, produced Woodside’s Enfield field until the end of 2018.
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Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.