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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Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply. -
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…
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Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
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The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
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The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
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After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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While often associated with smaller discoveries, subsea tiebacks are playing a growing role in contributing to the broader energy mix.
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Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
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The authors write that deployment of artificial-intelligence-based high-gas/oil ratio well-control technology enabled stabilization of well performance and maintenance of optimal production conditions.
