Asset/portfolio management
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
ExxonMobil and QatarEnergy’s MoU with Cairo to monetize Cyprus’ offshore Glaucus and Pegasus natural gas supports Egypt’s strategy to become the Eastern Mediterranean’s leading gas processing and LNG export hub.
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The Norwegian Sea discovery is the largest, undeveloped natural gas find on Norway’s Continental Shelf. -
The operator also has increased its stake in the Kaikias field in the Mars basin.
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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.
