Asset/portfolio management
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
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The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments. -
Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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Malaysia plans to launch its 2023 bid round in Q1, hoping to exceed last year’s completion of 18 exploration wells that boasted a 60% success rate in new offshore hydrocarbon discoveries.
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Oil and gas companies play important roles in the global push for energy security and carbon reduction. Here’s how they can excel at both.
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After suffering a 2-year delay and unexpectedly large cost overruns, the Norwegian oil and gas field is expected to produce for 20 more years.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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Aker BP submitted the NOAKA development plan along with 10 other investments on the Norwegian shelf that collectively represent one of the largest private industrial developments in Europe.
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The infrastructure company placed the winning high bid in a bankruptcy auction.
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The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
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The Permian Basin operator said the purchase ‘checks all the boxes’ it looks for in an acquisition.
