Asset/portfolio management
With $9.6 billion in assets in the market, the focus is shifting from who is exiting Southeast Asia to who is positioning for entry through acquisition, according to Rystad Energy.
Transaction adds 90,000 net acres and 68,000 BOE/D of production as Crescent expands its South Texas footprint.
The deal adds 40,000 B/D of production and expands Cenovus’ SAGD footprint with three Alberta assets.
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QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
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The papers selected this year highlight some complex considerations and the importance of using all the tools provided by the industry resource classification systems to navigate projects through to viable and sustainable development reasonably and transparently for all stakeholders.
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