Asset/portfolio management
Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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Spanish yard will prep the almost 40-year-old FPSO for redeployment opportunities for new owner.
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Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
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FPSO Nganhurra, laid up in Malaysia, produced Woodside’s Enfield field until the end of 2018.
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Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
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The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.
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Pacific Meltem and Pacific Scirocco will be sold out of the marketed fleet; Noble posts over $2 billion in fresh contract backlog.
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SOCAR’s expansion of its exploration footprint in Israeli waters could position Azerbaijan as a future player in EastMed gas.
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The new plan will replace the current roadmap that contains just three planned Gulf of Mexico lease sales.
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Stonepeak will pay $5.7 billion for 40% interest in the project due for FID later this year.