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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The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf. -
The operator also has increased its stake in the Kaikias field in the Mars basin.
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This year’s Reserves Management papers are chosen to revisit some basics around both reserves delineation and asset management.
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Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The Biden administration postpones Sale 261 while awaiting court ruling.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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The supermajor plans to sell its majority stake in the Italian offshore terminal as it sheds noncore assets.
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French supermajor sells its pair of oil sands assets to focus capital on its oil and gas assets with low breakeven.
