Asset/portfolio management
The sale of Woodside’s Calypso stake to BP completes the company’s withdrawal from Trinidad and Tobago after decades of operations in the country.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
Hungary’s MOL Group captures a major project within the EU and its largest upstream opportunity since it farmed into in Azerbaijan’s ACG offshore field.
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Delek Group subsidiary Ithaca Energy has acquired private equity-backed Siccar Point Energy to become a major player in the North Sea. -
QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
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The US oil and gas company's exit from Russia amid the ongoing military conflict freezes the Russian Far East LNG project and cripples Rosneft’s ambitions to become a competitive global LNG supplier.
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Mexico’s Ministry of Energy has completed the unitization resolution between the blocks that share the Zama reservoir.
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Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
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The French operator withdraws from flagship deepwater project.
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The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
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Acquisitive oilfield contractor has been bolstering its water and waste assets for the past half year.
