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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Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
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Months of due diligence and evaluation following proposed $18.7 billion deal results in no deal to purchase Australian operator.
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The deal between the Republic of the Congo and the Chinese oil and gas company aims to develop the Banga Kayo, Holmoni, and Cayo blocks and raise national oil output to 200,000 B/D by 2030.
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A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
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Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
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The SPE Management Technical Section has been officially renamed the Asset Management Technical Section. The new name better reflects the section’s focus on asset management as a core discipline in the upstream oil and gas industry.
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Contractor realizes big gains on divestment of business unit owned less than a year.
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NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
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The traditionally Oklahoma-centric producer adds new acreage in west Texas and New Mexico through a pair of purchases.