Asset/portfolio management
The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.
Independent producer divests interest in Buckskin field along with stakes in a pair of LLOG-led discoveries.
Canadian independent sees divestment occurring in the first half of 2024, putting it out of the LNG business.
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The operator also has increased its stake in the Kaikias field in the Mars basin. -
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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This year’s Reserves Management papers are chosen to revisit some basics around both reserves delineation and asset management.
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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.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production.
