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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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
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Controversial Sale 259 was conducted as mandated by the Inflation Reduction Act of 2022.
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Chad’s dispute with ExxonMobil and Savannah Energy may be headed for a second round of arbitration before the International Chamber of Commerce in Paris.
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The proposed transaction also would be the first step in establishing a joint venture between BP and ADNOC.
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The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
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The approval adds momentum to the Alaska North Slope’s production revival.
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The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
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The Eagle Ford shale currently represents about 30% of Baytex’s total production.
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The UK company will purchase oil producing acreage across the northern part of the south Texas Eagle Ford shale play.