Asset/portfolio management
The deal positions the merged company to benefit from an expected offshore drilling upcycle.
The company's CEO says Europe’s third-largest oil field is entering a natural decline phase.
From credit markets to grid constraints, the forces shaping energy today go far beyond price. Inside the inaugural E3S symposium, industry leaders, policymakers, economists, and students explored how technology, financing, permitting, and supply chain resilience are redefining what it takes to power the energy future.
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The acquisition plan supplants earlier merger agreement with new terms and a potential faster timeline for the combination.
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A duo of deals sees BP snapping up a US biogas producer, while TC Energy invests in producing biogas from Jack Daniel's byproducts.
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M&A market activity in the third quarter delivered the best showing of 2022 despite price volatility and a dearth of deals in the prolific Permian Basin.
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The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
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The Sydney-based company announced it will also seek to exit all of its upstream permits with the exception of its major LNG joint venture.
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The sale had 307 valid high bids worth more than $190 million.
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SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.
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A Schlumberger, Aker Solutions, and Subsea 7 partnership will collaborate on international subsea projects.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.