Asset/portfolio management
This article from the SPE Integrated Reservoir Management Technical Section (IRMTS) examines the closed-loop IRM approach, from insight to execution to learning, and the limits of technology-driven solutions.
DNO outbid Genel Energy for the deal, which Genel said it may challenge, according to a filing with the London Stock Exchange.
The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.
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The approval adds momentum to the Alaska North Slope’s production revival. -
The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.
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Nabors expanded its push beyond the oil business by acquiring an Australian solar power company selling a round-the-clock power technology.
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QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
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The acquisition of Advance Energy Partners shows that private equity groups are successfully maintaining premium valuations for core assets.
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M&A market activity in the fourth quarter fell from the third-quarter high to $13 billion.
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG.
