Asset/portfolio management
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
The Federal Reserve Bank of Dallas’ third-quarter energy survey reflects industry views on the drawdown of the US Strategic Petroleum Reserve, the outlook for Persian Gulf crude exports, and expectations for oil prices.
As the pace of new discoveries slows and high-quality prospects become harder to find, oil companies may need to rely more heavily on mature fields to maintain production and support future supply.
-
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.
-
The post-salt, heavy-oil fields will be developed in tandem tied back to an FPSO.
-
The merged companies will emerge as a new company, Innovex International, increasing its global scale and footprint in growing markets.
-
Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
-
Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
-
Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
-
While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
-
With negotiations dead on arrival with Russian independent major Lukoil, Iraq is asking Gazprom to take over development of the Nasiriyah oil field south of Baghdad.
-
Executives from BKV Corp. share why the mid-sized natural gas producer is diving headfirst into carbon sequestration projects and why you should too.
